Investcorp, OIJIF stare at weak returns in IPO-led partial exit from portfolio firm

Mid-market private equity firms Investcorp and Oman India Joint Investment Fund (OIJIF), besides Build India Capital, are looking at bleak returns as they encash part of their investment in a portfolio company. The three investors have offered to sell shares of National Commodity & Derivatives Exchange Ltd (NCDEX), India’s largest agricultural ......