How Reliance Industries’ commitments to PE, VC funds changed in FY19

Billionaire Mukesh Ambani-led Reliance Industries Ltd’s (RIL) exposure to alternative investment funds fell for a third consecutive year in 2018-19, with its overall commitment dropping below $100 million. RIL’s exposure to alternative assets such as private equity, venture capital and hedge funds dropped 15% in the financial year ended March 2019 ......