14.11.2016 - Singapore’s sovereign wealth fund GIC to pick 4.8% stake in Capital First
Capital First Ltd, a non-banking financial company (NBFC) majority owned by private equity firm Warburg Pincus, is raising Rs 340 crore ($51 million) from GIC, Singapore’s sovereign wealth fund, it said. GIC, through an affiliate Caladium Investment Pvt. Ltd, will pick around 4.8% stake in the NBFC via a preferential allotment of 4.78 million shares at Rs 712.70 each, as per VCCircle estimates...........................................Full Article: Source
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