Faering Capital to launch its new $250-million fund in India

International Finance Corporation has proposed to invest $15 million

Private Equity firm Faering Capital, which operates in asset management services, is planning to raise $200 million in capital commitments, with a hard cap of $250 million.

In this fund, International Finance Corporation (IFC), part of the World Bank group, has proposed an equity investment of up to $15 million – subject to this not exceeding 20 per cent of total commitments undertaken by all investors – and Faering Capital India Evolving Fund II, an Indian alternative investment fund, alongside which the fund will invest.

IFC is one of India's most influential private equity (PE) fund investors, with $707 million committed to