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ADB commits $50m to India PE

The Asian multilateral financial institution has committed capital to True North’s India-focused private equity fund.

17 January 2018

The Asian Development Bank (ADB) has approved an equity investment of up to $50 million in True North’s sixth fund.

True North IV is expected to make up to ten equity investments of between $50 million and $150 million in the middle-market companies in the financial services, healthcare, consumer and technology sectors in India.

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ADB commits $50m to India PE

Nearly there!

PODCAST: Dechert’s PE co-head on the biggest trends in the industry

Side Letter: Oakley’s multi-billion raise; LPs’ negotiating power; GP NAV delays

PE fundraising falls by more than $100bn amid investor crunch

Side Letter: Ham Lane’s $20,000 token ticket; Brookfield’s niche secondaries approach

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