J. Sagar Associates advised the promoters of RattanIndia Finance Private Limited (“RattanIndia Finance”) in connection with an investment by Lone Star Funds (“Lone Star”) in RattanIndia Finance. The promoters of RattanIndia Finance also simultaneously invested additional capital in the company along with Lone Star. The overall investment commitment from both Lone Star and the promoters is USD 400 Million (approx. INR 2500 crores).

RattanIndia Finance, part of the RattanIndia group, is a non-banking financial company engaged in the business of providing loans, advances and other credit related instruments in India.

Lone Star is a US based global private equity firm that invests in real estate, equity, credit and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organised 17 private equity funds with aggregate capital commitments totalling over USD 70 Billion.

The JSA team comprised Partner – Rupinder Malik, Principal Associate Revathy Muralidharan, and Associate Avani Verma.