Private equity fund floated by Tata Capital Tata Opportunities Fund has secured $550 million in commitments at its second closing, VC Circle reports. It had raised $450 million at its first closing.
Global marquee institutions from North America and Asia have invested into the fund and in addition to being limited partners they will also directly co-invest into the portfolio companies. The fund is managed by Mukund Rajan who joined Tata Capital in June 2010.
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