IDFC’s wholly owned step down subsidiary - IDFC Alternatives through IDFC Financial Holding Company has entered into a definitive agreement with Global Infrastructure Partners India, for the sale of its infrastructure asset management business. This sale will conclude on the receipt of the requisite regulatory approvals as applicable.
IDFC Alternative will continue to manage Private Equity and Real Estate funds and the aforementioned sale to Global Infrastructure Partners India will not have any impact on its Private Equity and Real Estate verticals.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
