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Multiples PE returns principal to LPs in debut fund

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Multiples PE returns principal to LPs in debut fund
Credit: Bhakti Nair/VCCircle

Multiples Alternate Asset Management Pvt. Ltd has returned the principal amount from its first private equity fund to its limited partners, or investors, about three-and-a-half years after drawing down the entire corpus. The PE firm, founded by Renuka Ramnath in 2009, had marked the first close of its first fund at ......

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