Multiples PE harvests more from debut fund's portfolio firm

By Debjyoti Roy

  • 11 Dec 2020
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Credit: 123RF.com

Homegrown private equity firm Multiples Alternate Asset Management, in the process of raising its third mid-market fund, has made a partial exit from one of its oldest portfolio companies, generating neat profits. Multiples sold around 2% of its 11% stake in PVR Ltd, the country’s largest movie theatre chain, on Friday. ......

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