PE Fund Investments

Mission1 Investments acquires 23% stake in Shriram AMC

Business Standard  

Mission1 Investments LLC, a US-based investment firm, has acquired a 23% stake in Shriram Asset Management Company as a result of debt to equity conversion. Mission1 had infused INR 37 crore into the AMC to restart the mutual fund business in February 2022 via CCDs.

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