Stategic Ventures Fund (Mauritius) Ltd

India Industrial Growth Fund

Frontline Strategy has recently launched its second fund, India Industrial Growth Fund (IIGF). The USD 200 million fund will make private equity investments in India's small and medium enterprises, with each investment likely to be in the USD 10-12 million range over the life-cycle of the investment. The Fabiani Family Investment Office is the anchor investor in the fund.
IIGF's investment objective is to achieve medium to long term capital appreciation by making investments in privately negotiated equity and equity-linked investments in emerging and growth oriented companies in the small and medium enterprise segment in India and India related companies. The International Fund will aim to create value for these companies by seeking to accelerate their growth curve, by leveraging the investment team's worldwide network and experience. The International Fund will generally target companies with a stable cash flow history and will usually provide growth, expansion and restructuring capital.
IIGF Limited plans to invest primarily in asset backed industrial manufacturing, design, engineering, defence and avionics, industrial and infrastructure logistics and such other opportunistic sectors like information technology, pharmacy etc., and lead them towards scalability and global competitiveness. While IIGF Limited plans to invest a majority of its capital in these sectors, it is not averse to investing in any other segment of the economy, so long as the investment meets the valuation and return criteria of the investment team.