IL&FS PE expects to raise $200M for three funds in 4th quarter
IL&FS Investment Managers, one of India’s largest PE firms managing assets worth $3.2 billion, is looking to close $200 million in commitments from limited partners (LPs) across its three funds during the fourth quarter. The PE firm expects to raise the amount for its Middle East infrastructure fund, a new growth capital fund and a public markets fund.
“We are seeing a lot of momentum in terms of positive thought process and reforms in the country. The upside in capital markets has triggered uptick in a lot of blue chip stocks but our companies are in mid-market, which...
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