10 Jul 2023
Synergy Capital, a fast-growing private equity manager specialising in the industrials and infrastructure verticals, is pleased to announce the successful final closing of Synergy Capital Fund II at $604 million. The fund was upsized from $500 million in July 2023 and has reached its contractual size cap driven by robust interest from new investors.
Launched in April 2022, Synergy Capital Fund II has deployed approximately $400 million of capital across seven investments including airports and ancillary services, battery metals and renewables, and diversified industrials. In a testament to our proactive investment management, Synergy Capital Fund II has already realised its first planned exit, which underscores our capacity to achieve substantial outcomes amidst varying market conditions.
Sudhir Maheshwari, Founder & Managing Partner, commented:
“We extend our heartfelt gratitude to our investors for their trust and to our team for their unwavering dedication. As we continue to manage Synergy Capital Fund II, we remain focused on generating sustainable long-term returns for our investors and on contributing positively to the communities in which we invest.”