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Indian Buyout Shop Launches Infrastructure Fund

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.


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