With the latest national opinion polls showing Jeremy Corbyn’s Labour party eight points ahead of Theresa May’s Conservatives, investors and business leaders are increasingly worried about the prospect of a leftwing UK government that would overturn decades of economic orthodoxy...Ajit Nedungadi, a managing partner at TA Associates, a Massachusetts-based private equity group with $14.1bn under management, was even more direct in his assessment. “Corbyn will be bad news for the industry,” he said. “It’s black and white. There is no question. How can it be good news?”
Helios Investment Partners, the Africa-focused private investment firm managing funds worth up to $3 billion, has sold a minority stake in Interswitch to TA Associates, global growth private equity firm with headquarters in Boston, USA...Wadhera and Ajit Nedungadi, Managing Partner at TA Associates will represent the acquirers in the Interswitch Board of Directors.