Affirma taps local limited partners

Singapore-based mid-market private equity firm Affirma Capital is in the process of raising its second India-focused fund. In an ambitious move to expand its investment base, the firm is not only looking internationally but also engaging domestic limited partners (LPs) in India. This strategy marks a significant shift as local investors increasingly become pivotal in driving the growth of private equity within the country. Affirma's decision to tap into local LPs comes amidst a growing trend where domestic investors are taking a more active role in India’s burgeoning private equity landscape. By involving local partners, Affirma aims to leverage their regional insights and networks, which can be crucial for identifying promising investment opportunities. This approach can also enhance the fund's ability to navigate the complex regulatory and business environment in India. With its first India-focused fund already showing promising results, Affirma’s latest move underscores its commitment to deepening its presence in the Indian market. The inclusion of domestic LPs not only diversifies its investor base but also aligns with the broader industry trend of fostering local partnerships. As Affirma continues to build its portfolio, the participation of local investors could play a key role in its future success, offering a blend of global expertise and regional acumen.

— Authored by Next24 Live