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Govt allows one more pension option for left over employees of PSU insurance cos
Carlyle Group acquires 9 % stake in SBI Life for Rs 4365 cr
Carlyle’s equity for this investment came from CA Emerald Investments, an affiliated entity of Carlyle Asia Partners V, Carlyle’s flagship $6.55 billion fund focused on buyout and strategic investments across a range of sectors in Asia Pacific.Following this transaction, BNP Paribas Cardif and CA Emerald Investments now own 12.8 per cent and 9 per cent of the company, respectively, while SBI remains the majority shareholder with a 62.1% stake in the company.
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