UK’s CDC Group invests in IDFC Alternatives' third PE fund

UK’s CDC Group invests in IDFC Alternatives' third PE fund

M.K. Sinha, managing partner and chief executive, IDFC Alternatives. Photo: Mint

IDFC Ltd has brought in the UK’s CDC Group as an investor in the third private equity (PE) fund managed by its alternative asset management business IDFC Alternatives Ltd, two people aware of the development said. CDC’s entry provides an exit to some of the existing limited partners (LPs) of IDFC Alternatives.

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