TPG targets India distress
TPG Capital is planning to invest up to $3 billion in India-based distressed assets over the next three years, according to Jim Coulter, the firm's co-founder and co-CEO.
Coulter told Bloomberg that TPG's "single focus" is on India, and that the firm believes India could be its core market as the country's economy grows. TPG brought 65 members of its investment team to...
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