Strategic Ventures sees 4x return on CBaySystems stake sale
Strategic Ventures Fund (SVF), a Mauritius-based private equity fund managed by Frontline Strategy Limited, has sold its stake in in Indian clinical-services outsourcing specialist CBaySystems, for a 4x return on its original investment, AltAssets reported.
SVF had made a 15 investments in India, and this is SVF’s 11th completed divestment, the fund said in a statement. The investment in the healthcare firm was made via multiple tranches between March 2002...
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