Venturi Partners, founded by Nicholas Cator in 2019, announced the debut of their maiden fund with a USD 175 mn corpus. The core team at Venturi includes Managing Director Rishika Chandan, Chief Operating Officer Lauren Burns and Executive Director Sarvesh Nevatia.
The firm provides growth funding to B2C brands in India and Southeast Asia, focussing on education, healthcare, and fast-moving consumer goods sectors. In the launch announcement, the firm added that the quantum of the fund will be increased with the demand for investments going up.
The Venturi team has, in their previous roles, invested in and supported a variety of consumer brands such as Byju’s, Lazada, Pristyn Care, Cure.fit, Chewy, Oatly, Global Fashion Group, Burger King, Sula Vineyards, Domino’s, and Future Consumer.
Venturi has already deployed 30 per cent of the fund across three investments in India and Southeast Asia and aims to deploy the rest over the next 24 months. The platform typically invests USD 10 million to USD 40 million in series B to series D rounds. The team has strong prior entrepreneurial and operating backgrounds and will leverage this experience to be a value-added partner to its companies.
The platform has raised commitments from large EU and Asian family offices, such as Peugeot, Invest, Ackermans & Van Haaren and Frederic De Mevius, Founder of Verlinvest and a member of the family ownership of ABI.
“Our aim is to build a long-term, partnership-based investment platform with a small number of families with similar values that want to participate in the Asian consumer growth story. We offer our families more transparency on our portfolio than a traditional fund and will offer up to 100% of their commitment in co-investment opportunities. This enables us to deploy larger amounts into our portfolio companies and to support them over multiple rounds,” Cator added.
Nick started his career in London and New York in leveraged finance, use of debt as opposed to equity for financing, with MetLife Investments, and in private equity with Coller Capital, before joining Verlinvest in 2006. After spending 13 years at Verlinvest, he found Venturi, headquartered in Singapore. Nick holds a Masters in Economics from the University of Louvain La Neuve in Belgium.
Singapore is home to one of the most dynamic start-up ecosystems in the world with an ever burgeoning private equity and venture capital (PEVC) sector.
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