Religare acquires US secondaries investor Landmark

Religare Enterprises, an Indian financial services group with a global emerging-market footprint, has announced it will acquire Landmark Partners, a pioneer in the US secondary private-equity market, for $171 million. The announcement comes the same week as Religare Global Asset Management closed its first acquisition, Northgate Capital, another US firm. That deal was first announced in February but took a long time to close because it was the first such outbound M&A deal from Ind…