A Belgium-based family office is in search for more direct investment opportunities in India. Verlinvest, is a family-owned investment holding firm that is mainly focused on investing in the consumer sector, especially within the areas of food and beverages, retail and hospitality, as well as digital and media. All of the company’s shareholders are part of the AB-InBev control group.
According to Nicholas Cator, Verlinvest Asia Executive Director, they believe that India is the region’s largest market and they are continuously searching for opportunities in the country. Cator is responsible for the firm’s portfolio in China and India. He said that the company will invest in possible investee firms starting with a minimum of $20 million for as long as they can see that during their investment period, they will be able to achieve their $50 million minimum investment threshold. Moreover, Cantor said that they could also increase their investment up to $100-$150 million.
Verlinvest had also backed up 2 India focused funds mid-market private equity firms, DSGCP II and Everstone Capital’s second fund. This is uncommon for the investment company since they usually focus on direct investments. Some of the company’s portfolio in India include winemaker Sula Wines, fashion retailer Jabong and Kishore Biyani-led Future Group.