-->
(Llive mint.com) – London-headquartered private equity investor 3i Group Plc. is taking the growth, minority stakes and investment route as an entry strategy into the Indian market. This is complemented by a dedicated focus on infrastructure. The company has just committed $500 million (Rs1,975 crore) for a proposed $1 billion India infrastructure fund, announced last April in partnership with the government-backed India Infrastructure Finance Co. Ltd (IIFCL). The balance $500 million will be raised from third-party investors. With well over $500 million invested in the country so far, the firm’s long-term plan is to mark its presence in leveraged buyout and venture capital deals as well.
Read More
