Everstone Capital Advisors, a private equity firm focused on India and south east Asia, has raised $700m in its third fund.
Texas University has been named as one of the investors in the fund, investing through its endowment fund. It was joined by International Finance Corporation, a subsidiary of the World Bank.
Everstone will be looking to invest in consumer, healthcare, and financial firms in the region. A formal announcement is expected later this week.
The University of Kentucky has formed an industry-university partnership to advance aspects such as sustainable agriculture in the whiskey distilling industry.
Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
