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Religare makes $1bn emerging markets move
23 February 2010
Religare has bought a majority stake in private equity firm Northgate.
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Religare
Northgate
private equity
venture capital
Religare Enterprises, an emerging markets investment group, has committed up to $1 billion for strategic investments in diversified asset management businesses globally, and approved an initial strategic investment in Northgate Capital, a global private equity and venture capital firm.
The parties have signed an agreement for Religare to acquire a majority equity interest in Northgate’s...
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