BTS Investment Advisors, a Zurich-headquartered private equity firm that specialises in investments in India, is reportedly readying the launch of a new $150m fund.
The firm BTS is looking to inaugurate the fund before April 2010, and aims to reach the $150m mark within a year. The fund will target companies in the wind, biomass, water and energy equipment fields in India.
Additional funds managed by the firm include a $22m Swiss technology fund and a $75m India-targeted private equity fund. Notable investors in the firm’s funds include Asian and European governments and the Asian Development Bank.
In addition to its Zurich headquarters, the firm also operates from a Mumbai, India, office.
Source: Alt Assets