This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Business services, Communications and IT Services, Construction and real estate, Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Other consumer services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Baring Private Equity Partners India
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- March 2008
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
Sphaera Pharma Pte Ltd
Sphaera Pharmaceutical is engaged in the discovery and development of pharmaceutical drugs.
|India||South Asia||Health||December 2008||Active|
Shilpa Medicare Limited
Shilpa Medicare Limited is a manufacturer of active pharmaceutical ingredients (APIs) with a focus on the oncology segment.
|India||South Asia||Health||September 2010||Active|
Balmer Lawrie Investments
Balmer Lawrie Investments Limited (BLIL) was set up as a Special Purpose Vehicle (SPV) for a limited purpose, to hold shares of Balmer Lawrie Company, a diversifed company with mutliple segments (government owned enterprise with eight business verticals - Industrial Packaging, Greases & Lubricants, Leather Chemicals, Refinery & Oilfield Services, Tea Blending & Packaging, Travel, Logistics Services and Infrastructure).
|India||South Asia||Financial services||December 2010||Active|
Vardhman Holdings Ltd
Vardhman is a leader in the textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.
|India||South Asia||Manufacturing||December 2010||Active|
Cethar Vessels Ltd (held through SPV: Beta Holding Ltd)
Cethar is a manufacturer of boilers in India with a current manufacturing capacity of 8000 MW per annum.
|India||South Asia||Infrastructure||December 2010||Active|
TD Power Systems Limited
TD Power Systems is the largest manufacturer of sub 52 MW AC generators in India with a current capacity to manufacture 30 machines/month with average capacity of 12,500 kVA.
|India||South Asia||Manufacturing||July 2011||Active|
Manappuram Finance Limited
Manappuram Finance Limited provides loans to borrowers against the pledge of household gold jewellery.
|India||South Asia||Financial services||March 2012||Active|