Nereus India Alternative Energy Fund, LLC, a Mauritius limited liability company with limited life, is a newly-formed fund that is being established to invest in companies engaged in the development, construction, and operation of renewable and clean energy power generation assets or the deployment of clean energy technologies in India. The target size of this fund is US$ 250 million. The fund will be domiciled in Mauritius.
Nereus’ anticipated portfolio will comprise seven to ten investments of US$ 15 million to US$ 35 million each in equity and equity-linked securities of companies focusing primarily on the development, construction, and operation of power generation assets in India.
The fund will be managed by Nereus Capital Management, LLC, (“Manager”), a Mauritius limited liability company, which will provide portfolio management and administrative services to the fund. Nereus Capital Advisors Pvt. Ltd., (the “Advisor”), an Indian private limited company will provide investment advisory services to the Manager.
No comments:
Post a Comment