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Aurum Equity Partners launches $250m global PE fund

L to R: Dr Vishnu Reddy, Special Secretary (Investment Promotion and External Engagement), Narsi Aiyyagari, General Partner, Aurum Venture Partners, Dr. TV Nagendra Prasad, Consul General of India, SFO, Venkat Bussa, General Partner and Head Aurum Equity Partners, Jayesh Ranjan, Secretary, Information Technology, Govt. of Telangana, Syed Nawaz, Managing Partner, Aurum Venture Partners and Srinivas Rao Mahankali, CEO, T-Hub.

Aurum Equity Partners, a leading investor in fast-growing digital infrastructure and real estate data center assets has announced the setting up of a $250 million global private equity fund plan.

The announcement was made at an event at an exclusive event hosted at the Gadar Memorial Hall in San Francisco by the Indian Consulate in collaboration with Aurum on May 22, 2023. The event was attended by Dr. TV Nagendra Prasad, Consul General of India, SFO, Jayesh Ranjan, Secretary of Information Technology for Government of Telangana, Dr Vishnu Reddy, Special Secretary (Investment Promotion and External Engagement) and Srinivas Rao Mahankali, CEO of T-Hub.

Venkat Bussa, General Partner and Head, Aurum Equity Partners, allocated $ 50 million from this Fund to Hyderabad, Telangana, for the development of cutting-edge data centers. In addition, Narsi Ayyagari, General Partner and Head Aurum Venture Partners, has committed $5million to support deep tech startups in Telangana, which is making real advancement in AI, ML and blockchain. The global fund will expand its investment footprint in the United States, MENA, and India.

At the event, Venkat Bussa, Founder and CEO of Aurum Group with its VC & PE asset classes, explained, “As technologies such as AI, IoT, Machine Learning, Big Data, Blockchain, and Cloud Computing are going mainstream, data center developers are re-imagining their offerings with a focus on edge computing. This enables efficient and secure data processing closer to end users. Aurum Equity Partners is uniquely positioned to capitalize on emerging opportunities and generate value for our investors, shareholders, and partners.”

Aurum Equity Partners stands out as an investment firm with extensive expertise in Cloud, Telecommunications, Security, ESG, and Data Center industries. The team comprises seasoned investment professionals, headed by Syed Nawaz, Managing Partner (Technology & Innovation). Nawaz brings with him deep knowledge in real estate, venture capital, growth equity, and leveraged buyouts within the cloud and data center infrastructure sector.

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May 24, 2023

The Times of India

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