PE Fund Investments

Uday Shankar, James Murdoch promoted media fund attracts $1.5 B from QIA

Press Release   Economic Times  

Uday Shankar and James Murdoch's private investment company, Lupa Systems, have formed a new investment platform, Bodhi Tree, and secured an investment of USD 1.5 Billion from the sovereign fund Qatar Investment Authority (QIA). The new venture will invest in media and consumer technology opportunities in India and Southeast Asia. Murdoch and Shankar will serve as co-chairs of the newly-established venture.

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