SBI Ventures to manage Rs 20,000 crore Maritime Fund
Mumbai: The government has picked SBI Ventures (formerly SBICAP Ventures) as the fund manager for the ₹20,000-crore Maritime Investment Fund (MIF) tasked with fundraising, structuring, managing and overseeing the investment portfolio aimed at catalysing capital into the sector, multiple sources said. A formal mandate to manage the fund will be given to SBI Ventures soon, a government source said, adding…
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