Multiples PE nears first close for second fund at $300M

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Renuka Ramnath-led private equity firm Multiples Alternate Asset Management is nearing its first close for its second fund at $300 million (Rs 1,858 crore) and may announce it as early as next month, sources privy to the development told VCCircle.The firm has set a target of raising $500 million (Rs ......