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Private Equity | 13 March 2012

Qatar Investment Authority May Acquire Minority Stake In Violet Arch

by Irfan Khan
Qatar Investment Authority May Acquire Minority Stake In Violet Arch
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Qatar Investment Authority may acquire a minority stake in Violet Arch Capital Advisors, according to BS.

Violet Arch provides I-banking, Securities Trading, Research, Funds Management and other related products to institutional, corporate, and high net worth clients.

Violet Arch started its operations by acquisition of Alchemy Shares & Stock Brokers from its promoters and Rakesh Jhunjhunwala. Recently, it partnered with Berenson & Co, a New York-based leading merchant bank, as a strategic investor by selling around 7% stake.


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