Religare-backed Northgate said readying fifth fund
US private equity fund-of-funds firm Northgate Capital, recently invested by Indian financial services group Religare Enterprises, is reportedly readying its fifth investment vehicle, Northgate Capital V LP.
The firm's previous fund, Northgate Capital IV LP, closed in 2009 at $600 million, and the new fund will reportedly target at least $1 billion. Northgate also wrapped up a Northgate Global Emerging Markets...
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