The $2.85 billion fund will be cut by $465 million, reflecting the firm's adjustment to market conditions while maintaining a strong focus on long-term investments in the region.
"We are defined by the choices we make. We have made voluntary changes that we believe will serve us well in a multi-decade time horizon," it stated in a statement. “In the context of a richly priced public market in India, we are investing in a measured manner in our growth fund, while we continue to lean in on seed and venture stage opportunities," it added.
この記事は Business Standard の October 03, 2024 版に掲載されています。
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この記事は Business Standard の October 03, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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TRUTH BE TOLD