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Squadron Capital CEO on buyout by FLAG Capital and LPs' appetite for India

BY  Shrija Agrawal
Outsized returns will come from country-specific funds with local teams, believes David Pierce.

Asia-focused fund of funds manager Squadron Capital got recently acquired by US-based FLAG Capital Management. The transaction pulled up FLAG’s total assets under management from $4.5 billion to over $6 billion, besides enhancing its ability to deliver solutions...

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