India's Religare sells stake in Northgate Capital
Religare Enterprises has sold its majority stake in Northgate Capital, a fund-of-funds and direct investment group, to US-based asset manager The Capital Partnership.
Terms of the transaction were not disclosed. Religare held an 82% interest in the company as of the end of the 2015 financial year. According to a statement, Northgate - which focuses significantly on...
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