Investcorp acquires PE business of India's IDFC
Bahrain-listed asset management firm Investcorp has made its first direct investment in India, acquiring the private equity and real estate investment businesses of IDFC Alternatives, the alternative asset investment arm of IDFC Group.
The purchase is intended to give Investcorp immediate access to India’s growing private equity and real estate market through IDFC’s team of around 20 professionals. It follows the firm’s entry into...
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