The SBI Private Equity/Venture Capital (PE/VC) investments in India commenced in the early 90s and the same has grown substantially over the years.

Private Equity is a specialized field where investors acquire a significant minority or even majority stake in companies.

Private Equity investments require regular attention and follow-up of a significantly different nature compared to the portfolio of secondary market investments.

Further, risk associated with this kind of investment is very high. That is why their approach has been to Grow Selectively".

It is worth considering only if we want to tie up their funds that long.

Private Equity Investments can be done by two means; one by acquiring direct stake in the company and the other by way of investing in a Private Equity/Venture Capital fund which is akin to investing in a mutual fund.

However, while mutual funds primarily invest in listed companies, private equity fund/venture capital funds invest in unlisted companies.

The Bank made its foray into the business of Private Equity and Venture Capital (PE/VC) Investments in 2003 when an investment of Rs 84.38 crore was made in India Development Fund, a fund floated by IDFC Private Equity Co Ltd. Initially, such investments were being made under the Domestic Investment Policy.

In December 2013, Private Equity investments of Bank's New Business Department were consolidated in the Global Markets and the entire portfolio was brought under Private Equity vertical.

Thevertical is currently headed by General Manager-Private Equity, who looks after the PE/VCF portfolio of ~Rs 3000 Crore.

In addition to PE-VCF investments, their Bank has also floated two Joint Venture Funds; one with Macquarie group of Australia and the other with State General Reserve Fund of Oman.

Besides, they have alsocommitted Rs 52.00 Crore in 2 Asset Reconstruction Funds.

Contact-

Toll free number: 1800 11 2211
Toll free number: 1800 425 3800
Toll number: 080-26599990