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Chankar plans new $1bln private equity fund for Africa, ME, Asia

Image Credit: Standard Chartered

Viswanathan Shankar who stepped down from his role as Standard Chartered’s Head of Europe, Middle East, Africa and the Americas in April, has confirmed that he is launching a $750 million-$1 billion private equity fund targeting Africa, the Middle East, South Asia and South East Asia. The fund aims to provide companies with growth capital to emerging market firms looking to break into other emerging or frontier markets.

Read more at Reuters…

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