PE firm Multiples closes $430 Mn continuation fund

Here’s a structured summary based on the provided information:

Funds:

  • Fund Name: Continuation Fund
  • Amount Raised: $430 million

Investors:

  1. HarbourVest Partners
  2. Hamilton Lane
  3. LGT Capital Partners
  4. TPG NewQuest
  5. Existing investors from Multiples Fund II

Startups:

  1. Vastu Housing Finance
  2. Quantiphi
  3. APAC Financial Services

Founders:

  • Multiples Alternate Asset Management: Renuka Ramnath

Fundraise Series:

  • Continuation Fund

Date:

  • Not specified in the text.

Additional Information:

  • The continuation fund is intended to allow investors to monetize their investments while enabling further investment in high-performing assets.
  • The focus areas of Multiples include financial services, pharma and healthcare, consumer, technology, and green economy.
  • Some notable past investments include Encube, India Energy Exchange, Kogta Financial, Licious, Milltec, MoEngage, PVR, TI Clean Mobility, and Zenex.

If you need further details or a different structure, let me know!

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2025-05-27 08:31:48