📋 Tender Overview
Project Number
50429
Company Name
Everstone Capital Partners V Pte. Ltd.
Date SPI Disclosed
Apr 28, 2025
Country
India
Region
South Asia
Projected Board Date
May 30, 2025
Environmental Category
FI-2
Status
Pending Approval
Last Updated Date
Department
Disruptive Tech, Service & Funds
Industry
Funds
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 delegated authority in Everstone Capital Partners V Pte. Ltd. (Fund V or the Fund), a private equity fund focused on providing growth capital to mid-market companies in India and Southeast Asia across (i) Healthcare and Pharmaceuticals; (ii) Tech & Business Services; (iii) Industrials; (iv) Consumer; and (v) Financial Services. The Fund is targeting US$800 million in total commitments and is expected to make 10-12 investments, typically in the range of ~US$75-125 million.