New ₹1,500 crore fund by JM Financial targets pre-IPO investments
“Over the last five years, private equity investing in India has evolved across parameters including transparency, liquidity, price discovery and exit visibility. This bodes well for the pre-IPO segment,” Jaisinh Suchak, managing director- alternative investment funds at JM Financial Asset Management, told mint in an interview. “This will be our flagship pre-IPO fund.” The firm’s…