JM Financial set to float distressed assets funds
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JM Financial set to float distressed assets funds

By Beena Parmar

  • 20 Aug 2019
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JM Financial set to float distressed assets funds
Credit: 123RF.com

Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked its strategy, two people privy to the development told VCCircle. The financial services firm plans to float two funds--one domestic and one offshore--that will collectively raise more than $200 million, the ......

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