ValueQuest’s Tristar Fund Secured More Than ?2,100 Crore for Indian Advanced Manufacturing, Exceeding Its Target and Greenshoe
Monday, November 2, 2026 · first reported by HedgeCo and 3 others
ValueQuest Tristar Fund, a private equity fund investing in India's advanced manufacturing sector, has received investor commitments of over Rs2,100 crore within 15 months of its first close. That is above its original target and the full greenshoe.
The fund targets aerospace, defence, precision engineering and manufacturing linked to the energy transition. It has backed four companies: Hi-Q Electronics, Rangsons Aerospace, Waaree Energy Storage Solutions and Trusted Aerospace & Engineers (TASE Global). ValueQuest Private Equity is still raising its SCALE Fund II, which targets growth and late-stage investments.
- Fund
- ValueQuest Tristar Fund
- Size
- $221M
- Stage
- Target
- Asset class
- Private equity
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
See an error?
Coverage
4 sources- HedgeCoValueQuest’s Tristar Fund Secured More Than ?2,100 Crore for Indian Advanced Manufacturing, Exceeding Its Target and Greenshoe
- fintechbiznews.comValueQuest Tristar Fund Raises Over Rs21 Bn
- SMEStreetValueQuest Tristar Fund Secures INR 2,100 Crore, Focuses on Aerospace, Defence and Energy Storage
- yourstory.comValueQuest Tristar Fund raises over Rs 2,100 Cr for advanced manufacturing
- Bain Capital closes third Asia special situations fund above $1.8BDealroom
- AE Industrial lands $850M continuation fund for defense distributor Blue RavenDealroom
- An Abu Dhabi Royal Family Office Launched an LNG Fund Targeting a $1.2 Billion Initial Close, Tied to MidOcean Energy and EIGHedgeCo
- Stonepeak completes Castrol acquisition and appoints van Beurden as chairPrivate Equity Wire +2
- US affordable housing investor enters UK with £100m targetInside Housing Living
- INPRS adjusts inflation-linked bonds portfolio with $2.8bn Bridgewater allocationAlternatives Watch
Got news? Send it to us →