Nainesh Jaisingh to lead Affirma Capital after management buyout of StanChart PE

By Bruhadeeswaran R

  • 17 Dec 2018
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Credit: VCCircle

British bank Standard Chartered Plc is exiting its private equity business by spinning out the unit to a firm owned by its former management led by Nainesh Jaisingh. StanChart will spin out its PE portfolio under Affirma Capital as part of a transaction where London-based asset manager Intermediate Capital Group Plc ......

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