The Economic Times

MUMBAI: Ajay Piramal group company IndiaVenture Advisors plans to launch a $300-500 million off-shore infrastructure fund within the next six months, a top company official said.

The group would be the main sponsor of the fund. "The infrastructure fund will be launched in the next six months and will have a size in the range of $300-500 million," IndiaVenture Advisors' Chairman A K Purwar told reporters on the sidelines of a banking seminar here on Monday.

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Posted by dcjaya at November 26, 2007 4:20 AM