PE firm Creador plans fresh funds worth up to $600 mn for India, SE Asia

This would be Creador's tenth investment in India

With several blockbuster exits, private equity (PE) entity Creador is planning to launch a new $500-600 million fund by next year, its fourth.

Sources say the new fund, expected to be launched by next year, will focus on South and Southeast Asia primarily India, Indonesia, Malaysia, Philippines, Singapore and Sri Lanka.

Anand Narayan, managing partner at Creador Advisors India, refused to comment on the issue.

In recent months, Creador made several big-size investments in the healthcare sector. Recently, it invested Rs 215 crore ($33 million) in the publicly listed Ujjivan Financial Services. Ardisia, an affiliate of Creador III LP, invested the