Tata Capital Growth Fund ("TCGF"), a USD 225 million sector agnostic private equity fund was raised in 2011 with participation from global and Indian institutional investors. TCGF targeted investments in companies that derived a substantial portion of their revenues from operations in India. TCGF invested between US$10 million and US$35million across nine portfolio companies with significant minority stakes, and is substantially committed. TCGF successfully leverages the strengths of the wider Tata Group across all four facets of private equity, i.e. deal sourcing, deal evaluation, value add and exit.
TCGF invested in industry leading companies in the Financial services, IT & ITES, Healthcare services, Manufacturing and Pharmaceutical sector. As per Preqin, TCGF is ranked in the top quartile of PE funds focused on India with a 2011 vintage.