CDC focuses on direct investments, debt in India
CDC Group, the UK development finance institution, is changing its strategy in India to focus on direct investments, co-investments and debt, as well as making commitments to private equity fund managers. It will also make investments in early-stage funds.
The move is in line with CDC's announcement earlier this year that it would stop operating solely as a fund-of-funds and resume direct investments. The group said that direct investments and debt will...
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