IIFL Capital's Maiden Late-Stage Private Equity Fund Announces First Close at ~ ₹500 Crore

IIFL Capital's Maiden Late-Stage Private Equity Fund Announces First Close at ~ ₹500 Crore

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], October 22: IIFL Capital Asset Management Limited, the Asset Management arm of IIFL Capital, today announced that the IIFL Late-Stage Private Equity Fund, the maiden fund of its private equity platform, achieved its first close on 15 September 2026 with aggregate capital commitments of ~ ₹500 crore. The Fund invests in scaled-up, profitable Indian enterprises …

IIFL holds first close at ₹500 Crore ($52.7m) for late-stage fund

India-based IIFL Capital Asset Management has held the first close of ₹500 Crore for its IIFL Late-Stage Private Equity Fund, which has a final close target of ₹1,000 Crore ($105.5m).  This marks IIFL’s maiden fund for its private equity platform. The vehicle will be used to back scaled-up, profitable Indian enterprises that are preparing to […]