Venturi Partners, the Singapore-based fund manager that focuses on the consumer space in India and Southeast Asia, has made its first close of $100 million.
The listed anchor investors include Ackermans & van Haaren, Peugeot Invest, Generation P, and Alexander de Wit. Venturi Partners will focus on investments across the consumer space in FMCG, education, and healthcare services and has an ultimate target of $150 million. It made its maiden investment in Livspace last year during September 2020.
The fund intends to make about eight investments through which Venturi can be an active investor in its choice of listed companies. The fund will target investments ranging anywhere between $15 million to $40 million with the aim to bridge the funding gap for platforms looking to scale up.