Investcorp may sell IDFC Private Equity’s small investments

Mumbai: Doha-based Investcorp SA, which is in the process of acquiring the private equity (PE) business of IDFC Alternatives Ltd, is looking to sell all investments of the Indian investment firm that are less than $40 million. Investcorp has clubbed the smaller investments of IDFC PE and is on a lookout for a potential buyer for the portfolio, two people aware of the development told Mint on condition of anonymity.