Zephyr Peacock plans 7-9 investments from $100-million third fund in next 2 years
Pankaj Raina, Managing Director, Zephyr Peacock talks about the firm’s plans for the next 18-24 months, focus sectors and its interest in supporting businesses that help fight climate change.
Click here to read the full article on ‘Financial Express’
Below are excerpts from the post that first appeared on Financial Express on 13 August 2022:
Zephyr Peacock — the Indian investing wing of New York-headquartered private equity (PE) firm Zephyr Management — plans to make 7-9 investments in the country over the next 18-24 months. The third fund — which has a total corpus of $100 million —will make a total of about 14-15 investments, Pankaj Raina, MD, investments, told FE.
The PE firm, from its third fund — which started disbursing capital from 2020 — has already made investments in six Indian companies, namely: Shiksha Finance, Loanzen, Aqgromalin, Poshn, ZippMat and Ripplr. Raina, who said the PE firm is sector-specific — will bet on the financial services, food and agriculture and infrastructure ancillaries space for its new investments.
