True North Fund VI

Overview

True North Fund VI, launched in late 2017 with an original hard cap of $1.1 billion (later revised down to $800 million target), closed at approximately $600 million, below its revised target. The Asian Development Bank invested $50 million in the fund, which makes up to 10 equity investments of $50-150 million each (average $100-200M, up to $300M) in financial services, healthcare, and consumer sectors, with ~75% earmarked for buyout transactions.

Key Facts

Vintage year

2017

Managed by

True North

Fund size

USD 600M