General Atlantic, Ares Asia pull out $120 mn from India portfolio firm
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General Atlantic, Ares Asia pull out $120 mn from India portfolio firm

By TEAM VCC

  • 20 Jun 2024
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General Atlantic, Ares Asia pull out $120 mn from India portfolio firm
Credit: 123RF.com

Private equity firm General Atlantic and special situations investor Ares Asia have mopped up a total of almost $120 million by selling their stake in an Indian non-bank lender, as alternative investment firms continue to monetize their bets on local companies to benefit from a stock market euphoria. General Atlantic, which ......

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