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.
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.
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.
