India's IIFL Asset Management merges with Truscale
India-based alternative investment manager IIFL Asset Management (IIFL AM) has agreed to take ownership of TrueScale Capital, a venture growth firm established by Sameer Nath, formerly of Iron Pillar.
IIFL will assume control of all funds managed by TrueScale as well as the sponsor entities, according to a statement. The goal is to expand a platform that already stretches from mid-stage venture capital...
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