Tano Capital swaps logistics investment with power-sector bet

Tano Capital, an Asia-focused alternative asset manager that runs an India-specific fund, has exited its six-year-old bet on a logistics-and-warehousing company by swapping its investment for a significant minority stake in a power transmission company. Tano, which specialises in growth capital investments and buyouts of middle-market companies, had bought a 19.94% ......