IL&FS plans $300-350 million growth fund
Leading Indian private equity investor IL&FS Investment Managers Ltd. is targeting $300-350 million for a new growth equity fund, to commence raising at end 2010.
The new mid-market fund will invest across sectors and seek to raise from both domestic and international LPs. Archana Hingorani, IL&FS CEO, said that the new vehicle will seek to make around 12 investments....
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