Sammaan Capital raises $150 million through QIP; Capital Group, Marshall Wace and BlackRock top investors
US-based investment firm Capital Group, London-based hedge fund Marshall Wace, and BlackRock, the world’s largest asset manager, emerged as key investors in the recently concluded qualified institutional placement (QIP) of mortgage lender Sammaan Capital, bankers involved in the transaction told ET. The Mumbai-based housing finance company, formerly known as Indiabulls Housing Finance, successfully raised $150…