AZB, Amarchand, Simpson Thacher and Wadia Gandhy advise on KKR, IFC investment in Magma Fincorp

May 31, 2011 Global investment firm, Kohlberg Kravis Roberts & Co (KKR) and International Finance Corporation (IFC) are investing Rs. 440 crore ($ 100 million) in Kolkata-based non-banking finance company Magma Fincorp.

AZB & Partners advised KKR as the domestic legal counsel with a team led by Partner Ashwin Ramanathan.

KKR was represented by a team of lawyers at Simpson Thacher & Bartlett led by Hong Kong-based corporate Partner Kathryn King Sudol along with Palo Alto tax Partner Katharine Moir, reports the AmLaw Daily.

The Mumbai office of Amarchand & Mangaldas advised IFC with a team led by Partner Ravindra Bandhakavi.


Magma was advised by Wadia Ghandy & Co with a team led by Partners Ashish Ahuja, Ankit Majmudar, Xerxes Antia and Fariyal Tahseen.

Read more at barandbench.com.

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