The USD 810 million India Advantage Fund Series 2 from which ICICI Venture is currently investing is a broad based Fund and intends to tap the India growth story across various sectors.
Stage of Investments
The investments are primarily structured as growth
capital or buyouts, though the Fund may invest through
the PIPE route and secondary transactions as well.
Buyouts
ICICI Venture has been a pioneer in buyout investing
in India. Buyouts continue to form a key focus area
for the firm and its funds. ICICI Venture has developed
the requisite capability to manage these buyouts and
has developed a rich storehouse of knowledge and experience
through its earlier buyout transactions.
While managing these buyouts, there is a strong involvement
of the investment teams in reorganizing, restructuring
and re-strategising the bought out companies, so that,
by the time of exit, these companies reach newer heights
and generate handsome returns for our investors as
well as for themselves.
Growth Capital
The Funds managed by ICICI Venture endeavor to provide
financial assistance to well established/existing
enterprises with robust business models and healthy
balance sheets through a variety of investment instruments.
The investment philosophy is to pursue transactions with established enterprises that are leaders or potential leaders in their respective markets and where there is a clear proposition for value creation.
Investment Themes
ICICI Venture, through its earlier Funds has invested in private equity across retail, media, IT/ITES, consumer services, consumer goods, textiles, pharmaceuticals, biotech, oil, non-consumer goods etc. The intention is to broad-base the investments across certain focus sectors and pro actively create deals in these sectors.
For the current Fund (IAF Series 2), the investment themes are driven by four broad macro drivers:
Indian domestic consumption growth
The India outsourcing advantage in both services and manufacturing
Infrastructural creation and allied services
Cross border - Assisting Indian corporates to expand overseas
Private Equity Practice
