Housing Development Finance Corporation Limited (HDFC) has invested in Kaizen Management Advisors Private Limited, the asset management company that advises India’s first education-focused fund Kaizen Private Equity..Hemant Sahai Associates (HSA) acted as the legal advisor to HDFC with a team led by corporate M & A Partners Souvik Ganguly and Utsa Shome along with Associates Nihaal Bagadia and Shatakshi..Wadia Ghandy represented Kaizan with a team led by Partner Xerxes Antia..The lender HDFC, besides investing in Kaizen Management has also invested in the Kaizen Private Equity fund as a limited partner. Kaizen is raising $100 million (Rs.451 crore) from domestic and foreign investors..The VC Circle reports that Kaizen’s fund expects to raise over 50 percent of the corpus from institutional investors. The Private Equity fund will look at providing funding to education companies in their growth stage and will also focus on operational improvements in its portfolio companies. The fund would look at typically investing in the range of $5 million to $15 million.
Housing Development Finance Corporation Limited (HDFC) has invested in Kaizen Management Advisors Private Limited, the asset management company that advises India’s first education-focused fund Kaizen Private Equity..Hemant Sahai Associates (HSA) acted as the legal advisor to HDFC with a team led by corporate M & A Partners Souvik Ganguly and Utsa Shome along with Associates Nihaal Bagadia and Shatakshi..Wadia Ghandy represented Kaizan with a team led by Partner Xerxes Antia..The lender HDFC, besides investing in Kaizen Management has also invested in the Kaizen Private Equity fund as a limited partner. Kaizen is raising $100 million (Rs.451 crore) from domestic and foreign investors..The VC Circle reports that Kaizen’s fund expects to raise over 50 percent of the corpus from institutional investors. The Private Equity fund will look at providing funding to education companies in their growth stage and will also focus on operational improvements in its portfolio companies. The fund would look at typically investing in the range of $5 million to $15 million.