Warburg Pincus to acquire 30% stake in Home First Finance

In this secondary round, existing investors True North Capital, and Bessemer Ventures will sell part of their stake to Warburg. Home-grown private equity firm True North Capital, along with co-investor GIC owns about 74% of HFFC. Another 16% stake is held by VC fund Bessemer Ventures, and the rest is with the management.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Scg7vX