Affirma Capital, the newly formed emerging markets private equity platform, has completed its management buyout (MBO) from Standard Chartered Bank, led by its seven partners and backed by Intermediate Capital Group’s (ICG) strategic equity funds through the acquisition of a majority of the bank’s private equity portfolio. — Business Standard

L&L Partners advised Affirma Capital led by a team of partners Sundeep Dudeja and Damini Bhalla, who were assisted by managing associate Akshay Jain and associate Arsh Khan. Also involved were managing associate Vivek Agarwal and paralegal Kundan Rathore, who provided support from a corporate secretarial compliance perspective.

2019-09-01

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