True North exits infrastructure portfolio firm with below-par returns
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True North exits infrastructure portfolio firm with below-par returns

By Ranjani Raghavan

  • 29 Mar 2019
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True North exits infrastructure portfolio firm with below-par returns

Homegrown private equity firm True North has exited its decade-long investment in an infrastructure company with below-average returns. Vishal Nevatia-led True North has sold its majority stake in Innovative B2B Logistics Solutions Pvt. Ltd (InLogistics) to a unit of Adani Ports and Special Economic Zone Ltd at an enterprise valuation of ......

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