India: New Silk Route plans slew of exits; to return $500m to investors

India: New Silk Route plans slew of exits; to return $500m to investors

NSR’s immediate focus is to liquefy its investments, said the PE firm’s CEO Parag Saxena. Photo: Mint

Private equity firm New Silk Route (NSR) is looking to return at least $500 million to its investors next year before it looks to raise a second fund, said a senior official of the fund, adding the immediate focus will be on exiting existing investments.

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