Evolvence: India Life Sciences Fund

This case examines issues faced in closing a first-time private equity fund, including determining the size of the fund to raise, integrating principals who have never worked together, and marketing a first-time fund to potential limited partners.

This case aims to introduce participants to the following issues: different approaches when calculating desired total private equity investment fund size; team building for a first-time fund; securing an anchor investor; marketing the fund to subsequent investors; and achieving the first and subsequent closes for the fund.