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« Challenger in $1.25b emerging fund deal | Main | RenCap, Macquarie Group Reveal Plans for Russian Infrastructure Fund »

June 10, 2008

IDFC to list $1.25 bln India infrastructure fund-source

SINGAPORE, June 10 (Reuters) - Indian government-linked Infrastructure Development Finance Co (IDFC.BO: Quote, Profile, Research) plans to list a $1.25 billion infrastructure fund, a source with direct knowledge of the matter said on Tuesday.

The fund, set to be India's first listed infrastructure fund, has raised over $500 million so far, said the source. He said the fund will likely list in India, but declined to give a timeline.

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Posted by boyang at June 10, 2008 3:42 PM