Investcorp’s total assets under management in India are currently around USD 450–500 million. It plans to triple that to USD 1.5 billion in the next few years.
Hailed as the primary market investor who knows the most about the capital market , despite its relative obscurity in China, PAC stands out globally with its unique capital market-driven thesis.
The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC.
Employee stock ownership plans are on the rise in Indonesia. Experts predict the country to be a ‘substantial market’ for such employee benefit systems.