Private Equity

Liquidity Events

Three PE firms sell 9.8% stake in Home First Finance Company

Business Standard  

Three private equity (PE) firms have offloaded 9.8 % stake worth INR 753 crore in Home First Finance Company India. True North Fund sold 3.9% stake, Aether Mauritius sold 2.6%, and Warburg Pincus-affiliate Orange Clove Investments offloaded 3.3%. The shares were sold in the price range of INR 870-871. Among the buyers were Smallcap World Fund and Fidelity Global. Earlier in May, the three PE firms had sold shares worth INR 330 crore.