Apax Partners ups bet on Cholamandalam Investment to over $100M
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Apax Partners ups bet on Cholamandalam Investment to over $100M

By Shruti Ambavat

  • 29 Aug 2014
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Apax Partners ups bet on Cholamandalam Investment to over $100M

Private equity firm Apax Partners has picked up additional stake in Chennai-based Cholamandalam Investment and Finance Company, thereby pushing up its exposure to the Murugappa Group’s non-banking finance company to over $100 million.The PE firm acquired a little over 2 per cent stake early this week from existing investor IFC, ......

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