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MFO Credence sells majority stake to TIW Private Equity

Nine-year-old Indian multi-family office Credence has sold a majority stake to sector-agnostic buyout fund TIW Private Equity. In a press release, Credence stated that it intends to use the incoming proceeds to strengthen its advisory and operating platforms, and to extend its geographical reach. In terms of strategy, Credence co-founder Mitesh Shah said the firm will remain on course to…

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