Venturi Partners, a growth equity firm focusing on consumer investments in India and Southeast Asia, has announced raising $150 million in the first close of its second fund.
Fund II will invest in ticket sizes ranging from $15-40 million in about 10 companies across India and Southeast Asia, targeting high-growth consumer sectors that benefit from rising household spending and favourable demographics.
The consumer-focused investment platform had announced the launch of its second fund in March this year, aiming to raise $225 million with a final close expected by mid-2026.
Venturi’s $180-million debut fund was raised from families in Europe and Asia, including Frédéric de Mevius, representing the Belgian family behind AB InBev, the world’s largest brewer; Ackermans & van Haaren, a listed Belgian investment company; and Peugeot Invest, a listed French investment company.
The portfolio comprises five investments in India, two in the Philippines, and one pan-regional investment spanning Saudi Arabia, Bangladesh, and parts of India.
“We are grateful for the continued trust and confidence of our existing investors and welcome our new partners. This strong response validates our investment thesis and the strength of our unique team that we have built over the last five years,” said Nicholas Cator, founder and managing partner of Venturi Partners.
Venturi will continue with this one-to-one approach in Fund II, meaning that on a fund size of $225 million, there will technically be a $225-million co-investment pool alongside.
The firm maintains a portfolio allocation strategy focused approximately 70% on India and up to 30% on Southeast Asia. It views India and Southeast Asia as a single, integrated market.
Within this combined geography, the team’s approach is to identify the best opportunity within each sector, regardless of where it is located.
Cator earlier told DealStreetAsia that the first close of Fund II will primarily consist of re-ups. “We are working towards a first close of $125 million.”
The investment period for Fund I ends in June 2025, and it is fully allocated, said Cator. “We follow a one-to-one co-investment model, which brings our total deployed capital to approximately $350 million,” he added.
