Peak XV Partners launches new perpetual fund, Peak XV Anchor Fund, to invest in other fund managers.
Peak XV Partners, a former Sequoia Capital India and Southeast Asia arm, is launching a new perpetual fund, Peak XV Anchor Fund, to invest in and partner with other fund managers across regions, strategies, and sectors. The fund will be backed by an internal pool of capital and will not directly invest in startups. The new fund aims to enable Peak XV Partners to become a significant investor in its future funds and explore investments in different asset classes. The size of the fund has not been disclosed.
March 12, 2024
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