Motilal Oswal Alternates Raises Record Rs 8,500 Cr Private Equity Fund

• Motilal Oswal Alternates (MOA) successfully raised Rs 8,500 crore for its fifth private equity fund, India Business Excellence Fund V (IBEF V).
• The fund exceeded its initial target of Rs 6,500 crore, attracting strong participation from global and domestic investors.
• This marks MOA's largest private equity fund, with significant foreign investor involvement for the first time, including IFC and Adams Street Partners.
• The fund will deploy USD 40-100 million in up to 14 companies over a 7-8 year cycle, targeting over 20% internal rate of return.
• Investments will primarily focus on consumer, healthcare, financial services, and niche manufacturing sectors, with 20% already deployed.