27 Jun, 2013
ITC Sheraton Hotel, New Delhi
Home >> Private Equity >>
Monday, September 19, 2011 - 05:30 IST
Ashmore Alchemy Starts Selling Shares In Manappuram Finance
BY Madhav A Chanchani
Last year, Sequoia Capital exited by selling its 11% stake for around Rs 293 crore in the open market, making over 5x.
Ashmore Alchemy India, a joint venture between Alchemy Partners LLP and Ashmore Investments (UK), has started exiting its investment in gold loan retailer Manappuram Finance Ltd. The PE firm, which held 5.23 per cent in the company as...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.
JOBS
- Private Equity - Nereus Capital
- Associate - Red Fort Capital Advisors Pvt Ltd
RECENT COMMENTS
- 19 June 2013RaxitonVrishank, gr8 interview, met shailesh few months back and really impressed!
- 18 June 2013Vijay SambamurthionWith all due respect.....I disagree with most of this article! The author has cleverly employed rhetoric to make a...
- 18 June 2013ManishonSandeep, your article does not provide any substantial reasons on why marketplace is more difficult than inventory-led...
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
UPCOMING EVENTSchinetwork