Page 28 - IACC Newsletter June 2013 Issue 11

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In 2008, Unitus Capital had raised $5.5 million (Rs 32.8 crore). It also counts William S. Price, the founding partner of
global private equity firm TPG, and Steven Funk, founder and chairman of real estate-focused Grand Marais
Investments, among its investor list. The investment bank, which works across sectors including microfinance,
renewable energy and healthcare and education, creates financial structures such as non-convertible debentures,
securitization and loan portfolio sales, for companies catering to the poor.
It has raised over $75 million of structure products for microfinance institutions such as SKS Microfinance, Janalakshmi
Financial Services and Ujjivan Financial Services.
The investment bank has also advised a number of domestic ventures in raising fresh equity capital, including,
Bangalore-based Forus Healthcare, which raised $5 million from Accel Partners and IDG Ventures in April last year.
"Because they are in India, and from India, the team at UC can spend time with entrepreneurs and fund managers... It's
the difference between incremental increases and quantum leaps in creativity and performance," Robert Pattillo,
founder of Gray Matters Capital said.