Former Fairfax exec’s PE fund Convergent makes maiden banking bet
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Former Fairfax exec’s PE fund Convergent makes maiden banking bet

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Former Fairfax exec’s PE fund Convergent makes maiden banking bet
Credit: 123RF.com

A private equity firm floated by former Fairfax India executive Harsha Raghavan has struck its first deal in the financial services sector, and fifth overall, as it continues to diversify its portfolio. Convergent Finance LLP, through its affiliate Infinity Investment Management, has picked up a 1.14% stake in CSB Bank Ltd ......

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