Kedaara Capital Growth Fund IV holds initial close

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By Ted Liu

Nish Capital Investment Advisors LLP has held an initial (or a final) close for Kedaara Capital Growth Fund IV.

As part of the closing (not announced yet), US $[Premium Contents, please Log In or Subscribe]

Fasken acted as Canadian legal counsel for Kedaara Capital Growth Fund IV.

Formed in 2023, Kedaara Capital Growth Fund IV is reportedly targetting US $1.7 billion in fundraising.

Kedaara Capital Growth Fund III closed in 2021 with US $1.1 billion in committed capital.

Fund IV is managed by founders & GPs, Manish S. Kejriwal, Sunish M.L. Sharma and Nishant R.C. Sharma.

Gandhinagar, Gujarat, India based Kedaara is a private equity fund focused on growth-oriented strategic and minority investments in India.