New Delhi, Mar 19 (PTI) B Capital, a global multi-stage investment firm, on Tuesday said it has closed Opportunities Fund II with aggregate capital commitments of USD 750 million, nearly doubling the size of its predecessor B Capital Opportunities Fund I.

The fund received strong participation from existing and new investors and represents a diverse global base of well-known private and public pensions, family offices, high-net-worth individuals, and sovereign wealth funds, B Capital said in a statement.

Also Read | Martyrs’ Day Dates in India: Bhagat Singh Death Anniversary, Mahatma Gandhi Punyatithi and List of Other Recognised Shaheed Diwas Dates in the Country.

Opportunities Fund II will make primary and secondary investments in later-stage companies across B Capital's core sectors of technology, healthcare, and climate tech, with a focus on North America and Asia, it added.

The majority of the fund will seek to identify follow-on investment opportunities in existing, high-performing B Capital portfolio companies, it said.

Also Read | Bihar Day 2024 Date and Significance: Know About Bihar Sthapana Diwas History and Celebrations That Take Place To Honour the Formation of the State.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)