Education-focused Indian investment house Kaizen Private Equity has reportedly launched a Silicon Valley office as it prepares to raise its first pan-Asian vehicle.
The firm is ready to target $120m for the fund according to AVCJ, which spoke to founder and managing director Sandeep Aneia.
He said the Silicon Valley presence was designed to help its Indian companies access innovative technology.
The firm’s debut vehicle collected $98m through a final close in May 2009.
German media company Bertelsmann also participated in the investment round.
Copyright © 2014 AltAssets