Some existing investors will increase their exposure in the upcoming fund, while new investors will also join the new fund, the report said
We are seeing good interest, and are hopeful that the strength of the portfolio and performance of Funds II and III are good tailwinds for these discussions: Lighthouse Partner
The $400 Mn fund is expected to close later this year
Private equity (PE) firm Lighthouse Funds is reportedly in talks to raise $400 Mn for a new fund that will target fast-growing consumer brands in the country.
Lighthouse is in talks with potential investors to raise its fourth fund, its founding partner Mukund Krishnaswami told news agency Reuters.