DEG commits funds to Indian PE firm, Bangladesh spinning mill

German development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has committed investments into a private equity fund in India and a Bangladeshi manufacturing firm.

The development bank will invest 15 million euros ($17 million) to Arpwood Partners Fund I, a first-time mid-market buyout fund managed by Mumbai-based Acentios Advisors Pvt Ltd.

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