AZB acts on $109.5m investment by WF in IIFL

“The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a clutch of investors including Hong Kong-based Ward Ferry and existing private equity backer General Atlantic,” reported VCCircle.

AZB & Partners advised WF Asian Reconnaissance Fund Limited led by a team of partners Sai Krishna Bharathan and Sugandha Asthana and lawyer Vasudha Asher.

2018-06-19

Deal value: Rs 745 crore ($110m)

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