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Fabianis Frontline Strategy Fund Invests In Shriram SEPL Composites
Posted on June 25, 2008
Mauritius-based Frontline Strategy Ltd has acquired a 26 per cent equity stake in Shriram SEPL Composites Pvt Ltd, a joint venture of Shriram EPC and Strategic Engineering Private Ltd, for an undisclosed amount. The investment has come from the $200 million Industrial Growth Fund (IIGF) of Frontline Strategy Ltd, a Fabiani Family Office-anchored asset management company, headed by Atim Kabra. The fund is focused on SMEs. IIGF makes investments in the range of $10-12 million over the life-cycle of the investment.Shriram SEPL manufactures next generation glass fibre reinforced plastic (GRP) pip...
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