PROJECT

Projects

Summary of Investment Information

Project Number

43455

Company Name

INDIA ALTERNATIVES PRIVATE EQUITY FUND II

Date SPI Disclosed

Apr 14, 2020

Country

India

Region

South Asia

Projected Board Date

Jun 15, 2020

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 19, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jun 15, 2020
Signed : Jun 27, 2020
Invested : Jul 7, 2021

Sector

Growth Equity Fund

Additional Project Attributes

Blended Finance

Project Description

IFC proposes an equity investment of up to US$ 10 million into India Alternatives Private Equity Fund II (the Fund), a scheme of India Alternatives Private Equity Trust (“Trust”). A We-Fi commitment of up to US$ 0.5 million is also being considered. The Fund is targeting US$ 70 million of commitments to pursue growth capital investments in small to mid-cap companies in India. 

Associated Advisory Engagement

                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation