Espirito Santo, Dabur's Burmans plan to launch PE fund
The investment bank arm of Portuguese financial group Espirito Santo plans to a launch a private equity fund in partnership with the Burman family - the promoters of Indian healthcare and food company Dabur Group - to invest in medium and small-cap companies.
The fund is expected to have a corpus of EUR100-250 million ($135-$340 million) with a launch planned some time next year. The fund will raise money from global investors and proposes to take minority...
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