• English   Deutsch   
  •  GMT      
  • LONDON      
  • FRANKFURT      
  • NEW YORK      
  • SAO PAULO      
  • TOKYO      
  • SYDNEY      
Hedge Fund Database
Morgan Hedge Fund Database



  Hedge Fund Search
Name, ISIN, Ticker:

Hedge Funds Search Detailed Search
  Hedge Fund Directories
Listed Hedge Funds:9,895
HF Professionals:16,361
Service Provider:506
CDC to invest in Indian property
  Hedgeweb - MON, JUN 23 2008
Funds & Investment CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (£126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.

The UK government-backed emerging markets specialist is teaming up with two Indian groups ?? Kotak and Infrastructure Development Finance ?? and UK-based Actis, to make its foray into the market.

Private equity investment in India has boomed over the past year, growing nearly threefold to $6.2bn in 2007 compared with a year earlier, according to figures from Thomson Financial.

Under its investment model, CDC adopts a ??fund-of-funds? approach, investing in private equity funds that are targeting infrastructure or real estate.

It plans to invest $100m in IDFC??s India infrastructure fund and $100m in the Actis India Real Estate Fund. It will also inject $50m in Kotak India Realty Fund.

© Morgan Hedge™ · HEDGEweb™
Morgan Hedge and HEDGEweb are Trademarks of morganhedge.com, TAA LLC and VIImedia S.A.