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Saturday, July 19
by
www.indiape.com
on Sat 19 Jul 2008 12:00 PM IST
Dutch-based Rabobank on Friday announced the launch of a $100-million private equity fund that would target investment opportunities in food and agri-business sectors in India.
This private equity fund — India Agri Business Fund — is an offshore fund based out of Mauritius, said Mr Rajesh Srivastava, Chairman and Managing Director, Rabo Equity Advisors, which will be the investment manager for the fund.
Rabobank, which has sponsored the fund, would provide $25 million towards the fund. International Finance Corporation, FMO, a Dutch development bank, and DEG, member of the German KfW Group, will each invest $20 million, with the balance to be tied up with private investors. more »
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