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Basil Partners Closes Digital Tech Services Focused Fund with Anchor Investors Committed Advisors and NewQuest Capital Partners

Friday, September 28, 2018


(Press Release) - Basil Partners (“Basil”) announced today the closing of their third fund, which has been formed through a complex restructuring and secondary acquisition of a portfolio of seasoned digital services companies.

The transaction was anchored by Committed Advisors (“Committed”), an independent private equity firm, out of its €1bn global secondary fund raised in 2016, and NewQuest Capital Partners (“NewQuest”), a leading secondaries private equity platform focused on the Asia-Pacific region with over US$1.25 billion committed capital under management.

Basil Partners’ advisory team consists of specialist technology investors with deep experience in digital business transformation services using niche, disruptive and high growth technologies. Led by Rajeev Srivastava, a successful serial entrepreneur, alongside Sameer Kanwar, his Partner, Basil is well known within the technology communities of SE Asia, India and USA for founding, growing and successfully exiting tech and tech related businesses. Sanjiv Maheshwari, a long standing Senior Advisor in India, provides key support services to Basil and its investee companies.

 

Full announcement here