Exclusive: SBI Funds to raise new corpus for stressed assets

By Ranjani Raghavan

  • 01 Nov 2018
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Credit: Thinkstock

SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new alternative investment fund (AIF) which will  back companies with distressed balance sheets, two people familiar with the firm’s strategy told VCCircle. The fund will aim to invest during “special situations” in ......

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