Bain, Piramal target $1b for India distress fund
Bain Capital Credit and Piramal Enterprises have set a target of $1 billion for their joint venture focused on Indian distressed assets.
Bain and Piramal have made an initial commitment of $100 million each to the vehicle, called India Resurgent Fund (India RF), and could provide additional funds if needed. The International Finance Corporation...
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