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Access here alternative investment news about Tvs Capital Completes First Close For Its Third Fund, Raises Rs 8.32 Bn | Business Standard News
Private Equity

Tvs Capital Completes First Close For Its Third Fund, Raises Rs 8.32 Bn | Business Standard News

by business-standard.com posted 7months ago 32 views
Fund surpasses its first-close target of Rs 7 bn, targets total size of around Rs 10-12 billion. : TVS Capital Funds Private Limited has completed the first close of the TVS Shriram Growth Fund 3, a private equity fund. The fund has raised Rs 8.32 billion of commitments entirely from domestic investors, against the targeted Rs 7 billion for its first close. The fund is targeting a total size of around Rs 10-12 billion. The fund has received enthusiastic participation, especially from family office clients who have invested Rs 100 million or more.

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