For this asset class, we pursue
investments in profitable and late-stage companies in
high-growth sectors, particularly in India and
Turkey. Investing through a portfolio
of investments, we generally target IRR in excess of 25%
p.a. As is our tradition, we work
with strategic partners; in this case, specialized private
equity fund managers with an excellent track record, local
experience, and good deal flow
prospects.
An
India-dedicated private equity fund we promoted as lead
foreign investor, successfully raised US$ 154 million.
The fund was set up in partnership with IL&FS
Investment Management Limited (IIML), one of India's
major private equity players. Co-investors from India
included several financial institutions, such as Life
Insurance Corporation of India and Punjab National Bank.
LIF is now fully
invested.
It holds a portfolio
of 29
investments
in diverse,
high growth sectors
of
the Indian economy.
TAIB-JAIC Asian Balanced Private Equity Fund
Emerging markets, particularly Asia, will be the fastest growing regions in the world in the months and years to come. The recently launched TAIB-JAIC Asian Balanced Private Equity Fund (“Fund”) intends to capitalise on this high-growth region with a balanced regional portfolio.
The Fund, a Cayman Islands exempted limited liability company, provides a tax-efficient investment structure for GCC investors. It is sponsored by TAIB Bank B.S.C.(c), and Japan Asia Investment Company Ltd. (“JAIC”), one of Japan’s largest venture capital and private equity groups. JAIC, established in 1981, is headquartered in Tokyo and listed on JASDAQ. It is active in three geographical hubs – Japan, the U.S. and other parts of Asia – and is currently managing about US$ 1.2 billion of funds based on a committed capital basis.
Fund Manager
JAIC-TAIB Capital Management PTE Ltd.,
a joint venture company between JAIC and TAIB, an exempt fund manager registered in Singapore.
Fund Features
Investment Region: Greater China, Japan, India and ASEAN countries
Fund Term: 6 years with possible extension of 2 years (under GPs option)
Commitment Period: 3 years from the date of final closing
Target Return: Gross IRR of 20%
TAIB Turkish Mezzanine Fund
(TMF)
Coming Soon...
Modeled on the Leverage India
Fund, is a Turkey-dedicated Euro 50mm fund that will invest in
convertible/equity transactions across growth sectors.
