Warburg’s investment in Kalyan Jewellers up 50% over six and a half years

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Global private equity giant Warburg Pincus is sitting on gains of about 50% from its bet on Kalyan Jewellers six and a half years after first investing in the Kerala-based retailer.  In terms of internal rate of returns, this works out to 7.8%, which is below the benchmark 20-30% IRR that ......