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Phoenix, SAM act on $110m investment in L&T Infra Debt by Apis

“Private equity fund Apis has picked up a 25.1 per cent stake in L&T Infra Debt Fund for $110 million, giving the L&T Finance Holdings arm access to low-cost global funds to refinance infrastructure projects in India,” reported ET.

Phoenix Legal advised Apis Partners led by a team of partner Sriram Ramachandran, senior associate Lavanya Mani, associate Manasi Chandriani and associate Shraddha Desai.

Shardul Amarchand Mangaldas represented L&T Infrastructure Debt Fund, with a team led by partner Abhinav Bhalaik.

2019-04-26

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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