IL&FS Investment Managers Reaches a US$40 Million First Close on Tara India Fund IV (Asia)

Source: VCCircle | Author(s): Anuradha Verma

India-focused private equity fund manager IL&FS Investment Managers (IIML) has reached a first close on Tara India Fund IV with US$40 million in capital commitments. IIML is reportedly targeting US$75 million for the sector-agnostic fund.