Aion reaches $825m final close on India distress fund
India's Aion Capital Partners - a joint venture formed by Apollo Global Management and ICICI Venture - has reached an $825 million final close on its maiden special situations fund.
The close - announced during Apollo's quarterly earnings call - far exceeds initial target of $500 million, making this the largest India-focused vehicle to be raised since WestBridge Capital's $850 million...
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