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Wealth and Asset Management

Bain Capital to acquire nearly 25% stake in IIFL Wealth

March 31, 2022

By News Team

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Bain Capital, a leading global private multi-asset alternative investment firm on March 31 announced that it has agreed to acquire 24.98 percent equity stake in IIFL Wealth Management from General Atlantic Singapore Fund and FIH Mauritius Investments, a wholly-owned subsidiary of Fairfax India Holdings Corporation. The transaction is subject to…

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