Banyan Tree Raises Debut Fund At $100M

07.28.2010 | 08:07:09 am | Posted by VC Circle

Banyan Tree Capital Advisors has closed its first India focussed fund- Banyan Tree Growth Capital LLC at $100 million.The Fund has been anchored by FMO and DEG, the development financial institutions of Netherlands and Germany respectively, it said in a statement. FMO - the Dutch development bank has also co-invested with the private equity fund in companies like Axiom Impex ltd- a synthetic rope manufacturer and Kalpena Industries, a manufacturer of PVC compounds.The fund makes structured private equity investments in small and medium-sized enterprises. It has completed five investments in ...

 
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