HDFC takes stake, LP role in Kaizen
India’s Housing Development Finance Corp. (HDFC) has acquired a minority stake in education-opportunities group Kaizen Management Advisors Ltd., pledging an undisclosed amount of capital as an LP into Kaizen Private Equity’s new vehicle.
According to local reports, the comes as Kaizen is in the process of raising $100 million from domestic and overseas investors for a vehicle that saw its first close in December. Kaizen founders have previously...
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