Financial Services

Equity Funds

Leverage India Fund

Leverage India Fund (LIF) is a private equity fund structured to address the need of the investing community and fulfils the funding requirements of Indian corporates. The Fund primarily focused on late stage funding for profitable, cash generating companies needing funds for expansion. Target companies are essentially those with a stable, consistent cash flow history and the potential to generate significant upside following the completion of expansion

The Final Closing of the LIF was completed with a target corpus of Rs 6.7 bn. The fund, jointly sponsored by IL&FS and Punjab National Bank, attracted a host of Indian banks and Institutions as well as reputed Middle Eastern investors. The fund has already undertaken 9 divestments using an even mix of exit strategies

Key Transactions
Godrej Beverages & Foods Limited (divested)
ABG Shipyard Limited
ibn18 Broadcast Limited