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IDFC Alternatives’ infra fund exits JM Baxi unit

By Shailaja Sharma

  • 06 Mar 2018
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IDFC Alternatives’ infra fund exits JM Baxi unit
Credit: Bhakti Nair/VCCircle

IDFC Alternatives' first infrastructure fund has exited a unit of JM Baxi Group by selling its stake to the logistics company's promoters, a top executive at the asset management firm told VCCircle.The private equity firm's India Infrastructure Fund had, in 2012, invested about Rs 280 crore in International Cargo Terminals ......

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