Wednesday, 28 January 2015
Last updated 15 min ago
Aug 23 2010 | 11:52am ET
Soros Fund Management has bought a 4% stake in the Bombay Stock Exchange.
The New York-based hedge fund paid about US$34 million for the piece of Indian’s second-largest bourse through its Quantum fund. Soros bought its stake in the Mumbai exchange from Dubai Holdings.
Soros’ move comes ahead of a planned listing of the Bombay exchange.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…