IL&FS PE Set To Launch Third India Realty Fund, Targets $500M

10 May, 2012

IL&FS Investment Managers Ltd (IIML), the country’s largest homegrown private equity firm by assets under management (AUM), is scripting a new realty fund, according to sources close to the development. The public-listed PE fund manager, which has AUM of $3.2 billion, will launch the IL&FS India Realty Fund (IRF) III with a targeted corpus of $500 million in the current financial year.


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IL&FS PE Set To Launch Third India Realty Fund, Targets $500M

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