The Wall Street Journal Asia
24 September 2007

Macquarie India Infrastructure Opportunities Fund and the International Finance Corp. plan to create a $1 billion private fund that will invest in various infrastructure assets in India and other countries in South Asia. The fund would be managed by a company to be owned by Macquarie and IFC. "The infrastructure investment opportunities are considerable, and this project fund will address a key constraint for developers of private or public-private partnership infrastructure projects in India and other countries in South Asia -- the availability of equity capital," said a spokeswoman for the Macquarie group of companies in an email.

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Posted by dcjaya at September 24, 2007 10:50 AM