US private equity firm Bain Capital is investing about $200 million in L&T Finance Holdings through a combination of primary and secondary transactions, marking the Boston-based fund’s first bet in India’s financial services sector, reports ET..AZB & Partners acted for Bain Capital with a team led by Partners Anil Kasturi, Nohid Nooreyezdan, Nandita Govind and Rushabh Maniar..L&T was advised by its in-house team..Bain, which manages $75 billion globally, will buy a combined 10% in L&T Finance, helping the infrastructure lender in expanding its operations.
US private equity firm Bain Capital is investing about $200 million in L&T Finance Holdings through a combination of primary and secondary transactions, marking the Boston-based fund’s first bet in India’s financial services sector, reports ET..AZB & Partners acted for Bain Capital with a team led by Partners Anil Kasturi, Nohid Nooreyezdan, Nandita Govind and Rushabh Maniar..L&T was advised by its in-house team..Bain, which manages $75 billion globally, will buy a combined 10% in L&T Finance, helping the infrastructure lender in expanding its operations.