Ashmore partners with PTC on India fund
Ashmore Investment Management, the London-headquartered emerging markets investment manager, has partnered with PTC India, a power trading solutions company, on a private equity fund to be launched later in the year, according to PTC.
Under the JV agreement already signed the fund, called the India Energy Fund, will be a 51:49 partnership between Ashmore and PTC, and will seek to invest in energy-related infrastructure opportunities...
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