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Armed with anywhere between $2 trillion and $4 trillion of “dry powder”—with about half of that targeted to healthcare—privateequity firms have a lot of capital to put to work. ENT and allergy is relatively new to privateequity investment, with approximately ten major platforms currently operating.
People have argued for years that equity deals “dominate” IB activity in India, but this is a bit of a stretch if you look at the fees by product type: Deals themselves are diversified across different sectors. Mumbai is the financialcapital, but some firms also operate in cities such as Bangalore, Kolkata (Calcutta), and Delhi NCR.
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