By Pooja Thakur

May 30 (Bloomberg) -- IDFC Private Equity Co., India's largest infrastructure-focused private equity firm, plans to more than triple its assets for investments in roads, ports and power in the world's second-fastest-growing major economy.

IDFC Private Equity will secure $700 million from overseas investors for a third fund soon, Luis Miranda, chief executive officer, said in an interview in Mumbai. He expects to raise another fund over the next three months for a combined $2 billion in assets.

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Posted by boyang at May 30, 2008 5:31 PM