Business Standard

ICICI Venture plans expansion in all verticals, new lines of biz: MD & CEO

Going forward, the alternative assets manager is also examining opportunities in the SME space

Prashant Purker, MD & CEO, ICICI Venture
Premium

Prashant Purker, MD & CEO, ICICI Venture

Prashant Purker
The past few years have been strong for Indian alternatives on all fronts -- fundraising, investments and exits. Alternative investment funds (AIFs) received commitments worth $26 billion since 2012. The investment tally crossed $29 billion in the first nine months of 2018 and the exit tally reached $24 billion -- both record highs. This has been fuelled by AIFs, foreign funds, capital markets and strategic investors. 

From ICICI Venture's perspective, the post great financial crisis (GFC) period coincided with our own evolution towards becoming a multi-strategy AIF manager with a presence across PE (private equity), special situations, real estate and

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 26 2018 | 10:20 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com