Morgan Creek to boost India coverage, raise Asia fund
US alternatives manager Morgan Creek is raising a second Asia private equity fund of fund, with a target of $300 million.
Morgan Creek is looking to enhance its investment capabilities in India with the addition of Anand Prasanna from Squadron, while at the same time embarking on capital-raising for its second Asia-focused private equity fund of funds.
“India’s important to us. We’ve been spending a lot of time there and having Anand onboard [starting next month] will enhance the capability of our coverage in India,” says Jason Zhang, a partner for Morgan Creek who heads the firm’s Asian investment a…
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