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Investcorp marks first direct investment in India with IDFC acquisition

The acquisition is expected to close on Thursday.

Topics
Investcorp  |  Idfc

T E Narasimhan  |  Chennai 



The importance of de-risking PE buyouts

Investcorp, manager of alternative investment products, on Wednesday announced the launch of its operations in India with the completion of its first deal. It has acquired private equity and real estate investment management businesses of Alternatives, a subsidiary of . Combined assets under management (AUM) of IDFC's private equity and real estate businesses in India is approximately $430 million.

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First Published: Wed, January 30 2019. 22:35 IST

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