IDFC Alternatives, the alternative asset management arm of India-focused infrastructure financing company IDFC, has fully exited India-based power plant operator Essar Power to undisclosed private investors for INR5.8 billion (approximately US$87.1 million). IDFC, which originally invested INR3.5 billion (approximately US$67 million) in 2009 through India Infrastructure Fund I for a 1.5 percent stake in the company, reportedly generated a return multiple of 1.7x on its investment.