Motilal Oswal Private Equity (“MOPE”) was founded in 2006 with a vision to become the most respected mid-market focused alternate asset manager in India. Motilal Oswal Financial Services Ltd. (sponsor of MOPE), is a well-diversified, financial services company with a market capitalization of over Rs 45,000 million. From the outset, MOPE’s focus was the mid-market segment, where there was an acute need of capital, and where the MOFSL brand had significant leverage. Today, MOPE is managing and/or advising funds, with a combined corpus of over Rs,17,000 million across private equity and real estate.
Growth Capital funds managed and / or advised by MOPE
India Business Excellence Fund I (IBEF-I)
- Rs. 550 crores sector agnostic private equity fund aimed at providing growth capital to mid-market enterprises in India
- Vintage: 2007; fully deployed in 13 companies
- The investor base comprised primarily of HNIs across India and Middle East
- IBEF I: refers to both India Business Excellence Fund (Domestic Fund) and India Business Excellence Fund-I (Offshore Fund)
India Business Excellence Fund II (IBEF-II)
- Rs. 1,000 crores sector agnostic private equity fund aimed at providing growth capital to Indian mid-market companies
- Vintage: 2012; under deployment
- In the second fund, MOPE managed to raise funds from marquee institutional investors IFC Washington, Axiom Asia and Squardon Capital (now Flag Capital)
- IBEF II: refers to both India Business Excellence Fund-II (Domestic Fund) and India Business Excellence Fund-I IA (Offshore Fund)