Overview

• The fund was oversubscribed and led by HarbourVest Partners, Hamilton Lane, LGT Capital Partners and TPG NewQuest.
• It acquired stakes in Vastu Housing Finance Corporation, AI solutions provider Quantiphi and APAC Financial Services from Multiples Fund II.
• Existing investors have the option to exit their positions or roll proceeds into the new continuation vehicle.
• Additional follow-on capital is earmarked to support expansion plans at all three portfolio companies.
• Multiples manages over $3 billion across four funds, has backed about 35 companies and focuses on financial services, healthcare, consumer technology and the green economy.