California-headquartered alternative investment firm Tano Capital has struck a rare India bet with its US team backing an auto component maker to acquire a publicly listed company. Tano Capital, through its vehicle Tano Investment Opportunities Fund-I, has bought 7.5 million shares of Mumbai-listed Balu Forge Industries Ltd—or a 10.93% stake—for Rs ......
Tano Capital’s US team backs auto parts maker to acquire publicly listed firm
By Ankit Doshi
- 26 Oct 2020