Motilal Oswal Alternates Closes Fifth PE Fund at Record ₹8,500 Crore

• Motilal Oswal Alternates announced the final close of its fifth private equity fund, India Business Excellence Fund V (IBEF V), at its hard cap of ₹8,500 crore.
• This marks the largest fund in the firm's private equity history, exceeding its initial target of ₹6,500 crore and closing in under ten months.
• The fund attracted diverse global and domestic investors, including Adams Street Partners, Schroders, Neuberger Berman, IFC, and Oman Investment Authority.
• With IBEF V and IREF VI, the firm's total AUM now exceeds $3.3 billion, demonstrating strong investor trust despite economic uncertainties.
• IBEF V will invest $40-$100 million in mid- to late-stage businesses across consumer, financial services, manufacturing, healthcare, and technology sectors.