Bain-Piramal stressed assets fund IndiaRF logs out of debut investment

By TEAM VCC

  • 27 Jun 2024
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Shantanu Nalavadi, managing director, India Resurgence Fund

The India Resurgence Fund, an investment platform set up by private equity firm Bain Capital Credit and Indian conglomerate Piramal Enterprises, has fully exited its debut investment after having trimmed its stake a year ago.  IndiaRF, which makes distressed assets and special situation investments across sectors, sold its remaining 7.39% stake ......

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