Carlyle Asia Partners Growth II
Moonfare Feeder SCSp is a Luxembourg partnership (alternative investment fund) to invest in Carlyle Asia Partners Growth II (“CAP Growth II”). CAP Growth II is an Asian VC Fund looking to invest in high growth sectors such as technology, healthcare and consumer with 50% China, 20% India and 30% Rest Asia allocation. Typical equity investments are USD 25-125m per transaction. The fund has a 10-year initial tenor that may be extended. Carlyle’s CAP Growth I launched in 2017 has already returned 105% of invested capital (USD 270.5m) through two realisations (average holding period of 1.6yrs).