Tano Capital, LLC Announces Second Closing for the Tano India Private Equity Fund II with Committed Capital of US $97 Million

Tano Capital, LLC (Tano Capital), an Asia focused alternative asset management firm, announced today the second closing of the Tano India Private Equity Fund II (“TIPEF-II”) on $97 million of committed capital. TIPEF-II is the US $150 million successor fund to the $100 million Tano India Private Equity Fund I (“TIPEF I”), a 2006-vintage fund that has made direct investments in ten India-based portfolio companies and has realized several successful exits.

Tano Capital was founded in 2004 by Charles E. Johnson, formerly Co-President of Franklin Templeton Investments and CEO of Templeton Worldwide Inc. Tano Capital’s mission is to source and develop innovative alternative investment opportunities in rapidly growing private companies in India and China which leverage directly off of the current consumption driven domestic booms in both markets. Tano also seeks to invest directly in commodities and other hard assets globally. Tano has offices in San Mateo, California; Singapore; Shanghai; and Mumbai. For more information about Tano Capital, please visit its website at www.tanocapital.com .

Charles E. Johnson, Tano Capital’s founder and managing director, said, “It has been the rock solid performance of my two Mumbai based Indian partners, Mr. Hetal Gandhi and Mr. Carlton Pereira, through our affiliate Tano India Advisors that has enabled us to achieve this excellent milestone in a most difficult fund raising environment.”

TIPEF-II’s investment philosophy will remain the same as its predecessor fund, namely focusing on building a diversified portfolio of investments in primarily middle-market, rapidly growing India-based companies. Focus sectors include infrastructure ancillaries, consumer discretionary, healthcare, and manufacturing.

THESE WRITTEN MATERIALS ARE NOT FOR DISTRIBUTION IN THE UNITED STATES. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES UNLESS THEY ARE REGISTERED UNDER APPLICABLE LAW OR EXEMPTION FROM REGISTRATION. TANO CAPITAL DOES NOT INTEND TO REGISTER ANY PORTION OF THE OFFER IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFER OF SECURITIES IN THE UNITED STATES. NO MONEY, SECURITIES OR OTHER CONSIDERATION IS BEING SOLICITED AND, IF SENT IN RESPONSE TO THE INFORMATION CONTAINED HEREIN, WILL NOT BE ACCEPTED.

Contact:

Tano Capital, LLC
Terry Robacker, +65-6235-5000
trobacker@tanocapital.com