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Motilal Oswal PE reaches second close of India Business Excellence Fund-II; Ropes in Squadron Capital 

BY  Madhav A Chanchani
The second fund made a first close at Rs 350 crore in February this year; it is expecting a final close by the end of 2012.

Coming fresh from its partial exit in AU Financiers, Motilal Oswal Private Equity Advisors has made second close of its India Business Excellence Fund-II (IBEF-II) at Rs 490 crore (approx. $89 million). The firm has also roped in...

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