Global financial services group Religare Enterprises has approved a $1bn commitment for strategic investments in diversified asset management businesses globally, and approved an initial strategic investment in US-based private equity firm Northgate Capital.
Global financial services group Religare Enterprises has approved a $1bn commitment for strategic investments in diversified asset management businesses globally, and approved an initial strategic investment in US-based private equity firm Northgate Capital. Religare already operates globally. In India, its largest market, the firm is active in insurance, asset management, broking and wealth management. It serves over a million clients, including corporates, institutions, high net worth families and retail investors. The parent group encompasses other businesses globally such as diagnost...
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