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KKR completed the investment in Avendus Capital.

Synopsis

KKR, a global investment firm, completed the investment in Avendus Capital, a pre-eminent Indian financial services firm. Financial terms were not disclosed. "India is witnessing unprecedented demand for innovative and integrated financial services products as a result of rising entrepreneurship across sectors. Avendus is a world-class firm built and run by three visionary founders which delivers solutions to meet this demand by offering diverse alternative investment products and wealth advisory services," Sanjay Nayar, KKR Member and KKR India CEO.

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