19 Jun, 2013
The Leela Palace, Bengaluru
Thursday, July 19, 2012 - 19:35 IST
Sushil Mantri buys majority stake in realty PE firm Azure Capital
BY Pooja Sarkar
Deal values the PE firm at 12% of existing AUM, which appears to be on the higher side of the industry average, according to VCCircle estimates.
Bangalore-based realtor Sushil Mantri, who runs a property development firm called Mantri Developers Private Limited, has bought a controlling stake in Azure Capital, the investment manager for real estate-focused private equity fund...
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