Mumbai: Motilal Oswal Private Equity (MOPE), the private equity arm of Motilal Oswal Group, is launching its next growth equity fund, the company said today. This will be the fourth fund for the homegrown private equity firm which has been investing in this market since 2007. The Fund has been set up as an alternate investment fund (AIF Category II) registered with stock market regulator Sebi. Other exits from Fund 1 include AU Financiers (now, AU Small Finance Bank) and Dixon Technologies, both of which delivered more than 10 times returns. Overall since its inception in 2006, the private equity firm has made 33 investments and has generated 6 times returns on its 14 exits till date.

Source: Mint July 20, 2021 07:41 UTC