Everstone Plans to Raise $1 Billion for Its Largest Asia PE Fund
- The firm collected $300 million for an interim fund last year
- Everstone was founded by ex-Goldman Sachs executives in 2006
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Everstone Capital Asia Pte is seeking $1 billion for its latest private equity fund for India and Southeast Asia, according to people familiar with the matter.
The Singapore-based firm that invests largely in India, has begun sounding out investors about the potential fundraise, the people said. The company plans to start a formal pitch early next year, said the people, who declined to be identified citing confidential information.