The UK governmentĆĀ“s evelopment finance institution CDC Group will step up its investments in India despite a slowing economy, stalled reforms and a hyper-competitive private equity landscape, dotted with few exits and dismal returns. CDC has invested $260 million through five transactions in six weeks. Most of this has been through its traditional role as a ĆĀ“fund-of-fundsĆĀ“ investment firm which invests in other private equity funds.
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