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StanChart PE exiting Man Infraconstruction with a haircut

By Bhawna Gupta

  • 26 Nov 2014
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StanChart PE exiting Man Infraconstruction with a haircut

Standard Chartered Private Equity has exited its five-year old pre-IPO investment in Mumbai-based Man Infraconstruction Ltd at a loss. This marks its second successive exit or part-exit from its Indian portfolio after it sold shares in BPO company Sutherland to PE giant TPG.StanChart PE has pocketed around Rs 36 crore ......

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