Investment Opportunity in True North Fund VII slide image

Investment Opportunity in True North Fund VII

Journey over two decades... Capital Raised COD Deployment Exits 12 (incl. co-invest) 吧 (incl. co-invest) (incl. co-invest) ◉ 6 Funds INR 17,500 Cr capital raised Confidential Copyrights Reserved © Returns¹2 (incl. co-invest) Value Creation¹2 (Attribution) ■ 61 investments INR 15,400 Cr capital invested 35 Full & 12 Partial Exits ◉ INR 18,400 Cr Capital Realized Overall returns: 2.2x/20% Gross INR IRR ◉ 5.3yrs Avg Hold Period Realized return: 2.6x/23% Gross INR IRR 2.7x gross realized return across focus sectors driven by: Operational performance (1.2x) Multiple expansion (0.7x) 1 Returns are prior to fees, expenses and GP share of Profits 2Realized returns includes expected realization from ACT sale (definitive documents signed) 9 Above information is as of 31 March 2022 (unaudited; TN's evaluation) truenorth 0 For ICICI Securities Clients Only
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