True North makes a rare loss on an exit

By Ranjani Raghavan

  • 20 Mar 2018
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Credit: Bhakti Nair/VCCircle

Private equity firm True North, which is now on the road to raise its sixth fund, has made a rare loss-making exit from its fourth fund.The PE firm sold half of its stake in TD Power Systems Ltd pocketing approximately Rs 12 crore, or just under $2 million, on Monday.It ......

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