India's Multiples reaches $640m first close on Fund IV
Multiples Alternate Asset Management has reached a first close of USD 640m on its fourth India-focused fund as it bids to become one of the relatively few local managers to raise USD 1bn.
LPs include Canada Pension Plan Investment Board (CPPIB), the International Finance Corporation (IFC) – which proposed committing to the fund last November – State Bank of India (SBI) and assorted...
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