Property developer and fund manager Tishman Speyer plans to raise up to $1 billion in a private fund in 8-10 months for Indian realty projects, its managing director and head of finance Revathy Ashok said on Tuesday.
“We still have some money left over from a previous one and we are already talking to investors for our next fund, though we haven't started roadshows yet,” she told reporters on the sidelines of a capital markets conference.
Tishman has raised $350 million in a private fund this year and is funding three projects in south India.(Reuters)