Thursday, 28 May 2015
Last updated 6 hours ago
Mar 18 2008 | 9:59am ET
Mumbai, India-based Investment firm Quantum Equity Advisors yesterday unveiled a $500 million private equity fund. The new vehicle, dubbed the Q India Fund, will focus on investments in infrastructure projects and companies in India.
According to a finance ministry report, India will need US$500 billion to US$515 billion before fiscal year 2011/12 to upgrade its infrastructure, and 30% of the total spending is expected to come from the private sector.
“This has created a tremendous opportunity for private equity in infrastructure over the coming years," Quantum Equity said in a statement.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…