|
Global investment major AMP Capital Investors is launching a $500 million equity fund sometime soon this year to invest in infrastructure in India and China. This will be the third such fund from AMP. The company has already invested $100 million in Indian infrastructure from its earlier two funds and is planning to invest an additional $50 million. The major investments of AMP’s infrastructure funds include Indraprasta Gas (IGL), Bharti Telecom and Pipavav Port. […] ING Real Estate plans to make its first investments in India this year and could set up a fund to pour more money into the country in 2008, despite expectations the raging property market will soon stumble. Robert Lie, Asia … […] Global investment major AMP Capital Investors is launching a $500 million equity fund sometime soon this year to invest in infrastructure in India and China. This will be the third such fund from AMP. The company has already invested $100 million in Indian infrastructure from its earlier two funds and is planning to invest an additional $50 million. The major investments of AMP’s infrastructure funds include Indraprasta Gas (IGL), Bharti Telecom and Pipavav Port. […] Asia Alternatives, the largest independent, Asian private equity fund-of-funds, today announced the final close of Asia Alternatives Capital Partners, LP (the “Fund”), with US $515 million of committed capital. The Fund closed meaningfully above its original target of $350 million … […] ICICI Ventures, the country’s largest venture capital firm, is likely to sell its entire 63.3% stake in the publishing company, Infomedia, which is valued around Rs 235 crore at the current market price. Highly placed sources said ICICI Ventures was … […] Soon after State Bank of India chairman OP Bhatt's announcement of the bank's plan to venture into the private equity (PE) business, SBI Mutual Fund has followed suit. SBI MF said it is venturing into the PE sphere by earmarking … […] The US-based venture fund Oak Investment Partners is entering India with a $200-million corpus for the retail sector. It is perhaps the first time that any foreign venture capitalist has shown interest to set up a dedicated fund exclusively for … […] CNBC-TV18 has learned that ICICI Ventures is likely to sell majority stake in Infomedia. ICICI Ventures currently holds 63% stake in Infomedia. Sources say that ICICI Ventures is in talks with the USD 8.5 billion Reed Elsevier Group for the stake sale. ICICI Ventures may sell the entire stake or part of it depending on valuations. The entire stake is valued at Rs 235 crore at the current market price. […] The Chatterjee Group (TCG) is looking to set up a $450-500 million private equity fund for investments in real estate. The group, headed by Purnendu Chatterjee, which has investments worth $2.5 billion in several sectors, including technology, BPO and infrastructure, also has a stake in the $1.2-billion Haldia Petrochemicals. This will be the company’s first dedicated PE fund for its India investments. “The fund has already seen a first closing of $100 million and we should touch $450 million to $500 million by June end,” said a company source. […] Sequoia Capital has entered into a deal to sell its stake in back-office firm Firstsource Solutions Ltd. to the Khemkas for $40 million, an Economic Times report said quoting unidentified sources. Sequoia held 9.17 percent stake in Firstsource as on … […] |