India, June 25 -- Bengaluru-based private equity firm Amicus Capital Partners has marked the final close of its second fund at $214 Mn (around INR 1,800 Cr), exceeding its initial target of $200 Mn (around INR 1,700 Cr).

The Amicus Capital Partners India Fund II is a category II Alternative Investment Fund (AIF) registered under the Securities and Exchange Board of India (SEBI). It was launched in March 2023 with an aim to back small and medium-sized private companies.

".The fundraise exceeded our initial target of $200 Mn is a testament to the trust our investors have placed in us. We are grateful to all our investors, as well as everyone who has worked to get us here.," Amicus Capital cofounder and partner Mahesh Parasuraman said in a...