India: IL&FS Investment Managers to raise $500m infrastructure fund

India: IL&FS Investment Managers to raise $500m infrastructure fund

I L&FS Investment Managers CEO Archana Hingorani. To ensure the portfolio is risk mitigated to some extent and allow for participation in larger return transactions, the fund manager plans to invest in a combination of ready and new assets. Photo ; Mint

IL&FS Investment Managers Ltd, the only publicly traded private equity fund manager in India, is raising a $500 million infrastructure fund to invest in roads and energy projects.

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