Former Carlyle, TPG executives plan $500m India fund
Rajeev Gupta, formerly of The Carlyle Group, and Amol Jain, previously of TPG Capital, are launching a new PE fund that will focus on mid-market buyout opportunities in India.
According to The Times of India, the pair are targeting $500 million for their maiden vehicle. The fund will invest in companies in sectors that might be going through restructuring or are spinning off...
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