Religare Enterprises Buys Northgate Capital
Religare Enterprises Ltd. has agreed to acquire a majority stake in Northgate Capital, a Danville, Calif.-based manager of direct and indirect venture capital and private equity funds. No financial terms were disclosed for the deal, which will not result in a change of Northgate Capital management. In related news, Religare said that its board has committed up to $1 billion for "strategic investments in diversified asset management businesses globally."
22 February 2010•5 mins read
