Distressed assets-focused investor Mount Kellett, IFC exit Educomp with huge loss

Distressed assets and special situations-focused private investment firm Mount Kellett Capital Management has exited its around three-year-old investment in education company Educomp Solutions Ltd completely with a huge haircut.The investment firm, which started selling shares of Educomp in December, has offloaded its entire 8.08 per cent stake in various tranches ......