PROJECT

Projects

Summary of Investment Information

Project Number

47442

Company Name

Multiples Private Equity Fund IV

Date SPI Disclosed

Nov 18, 2022

Country

India

Region

South Asia

Projected Board Date

Dec 20, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 10, 2026

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 19, 2022
Signed : Mar 28, 2023
Invested : May 25, 2023

Sector

Growth Equity Fund

Project Description

 IFC proposes an equity investment of up to US$60 million and an additional co-investment envelope of up to US$40 million under the delegated authority framework, in Multiples Private Equity GIFT – Fund IV (the “Fund” or “Fund IV”), a mid-market private equity (PE) fund focused on growth transactions in India and, together with Multiples Private Equity Fund IV (India Fund) is targeting US$800 million to US$1 billion in total commitments. Consistent with its prior funds, Fund IV will continue to focus on its key strengths of targeting growth stage mid-market companies in financial services, consumer, technology, healthcare and pharmaceuticals sectors. The Fund is expected to size its average ticket per company in the range of US$50-US$150 million in 10-12 companies.                                                  

Associated Advisory Engagement

                    

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation