Indian Buyout Shop Launches Infrastructure Fund

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.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of