India’s Sage Capital targets $1b fund in GCC, Africa | GulfNews.com:
"India based Private equity firm, Sage Capital said it is currently working with reputed institutional investors from across the world to launch a $1 billion fund which will seek to invest in sectors such as health care and real estate, among others, in GCC, Africa and India.
Manish Kanchan, founder of Sage Capital told Gulf News that the fund is targeted to be rolled out in the second half of this year and at around the same time, Sage will also establish a presence in the Middle East market.
“We are evaluating several interesting opportunities across the region. The consumer theme resonates very strongly in all our target markets. Some of the sectors which we see as promising are health care, nutraceuticals, education and real estate,” said Kanchan."
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