Nainesh Jaisingh to lead Affirma Capital after management buyout of StanChart PE

British bank Standard Chartered Plc is exiting its private equity business by spinning out the unit to a firm owned by its former management led by Nainesh Jaisingh. StanChart will spin out its PE portfolio under Affirma Capital as part of a transaction where London-based asset manager Intermediate Capital Group Plc ......