Warburg Pincus spins high returns from quick churn in Indian portfolio firm
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Warburg Pincus spins high returns from quick churn in Indian portfolio firm

By Ankit Doshi

  • 30 Nov 2018
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Warburg Pincus spins high returns from quick churn in Indian portfolio firm
Credit: Thinkstock

Marquee private equity firm Warburg Pincus has generated high returns with an unusually quick churn in a fairly young portfolio company in India. The PE firm sold a third of its stake in ICICI Lombard General Insurance Company Ltd for Rs 1,142 crore ($164 million) on the secondary market  on Friday, ......

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