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Tata Capital Healthcare Fund II receives commitments worth Rs 955 cr

This is a follow-up to the Tata Capital Healthcare Fund I, which had raised Rs 411 crore in 2012

Photo: Brent Lewin/Bloomberg
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Photo: Brent Lewin/Bloomberg

Deepsekhar Choudhury Bengaluru
Tata Capital has closed its second healthcare fund with investor commitments to the tune of Rs 955 crore ($126 million), meeting its target AUM of Rs 950 crore, excluding green-shoe. This is a follow-up to the Tata Capital Healthcare Fund I, which had raised Rs 411 crore ($70 million) in 2012.

Tata Capital Healthcare Fund II (TCHF II) has received commitments from domestic and international financial and strategic institutions, including some of the global pharma, medical equipment companies, development financial institutions and large European institutions indicating their support for the TCHF investment strategy.

The fund has also received a commitment