MUMBAI: A tightening of global liquidity markets has made private equity fund raising for the real estate and infrastructure sectors difficult with many funds expected to extend their closures or reduce the target corpus. According to people in the industry, the churn in the global equity markets has made investors wary of even private equity funds, although the two markets are in different categories with different quantum of risks.

"The situation has turned different and fund raising has tightened," admits a senior executive with a UK-based private equity firm, with considerable exposure in India. "The targeted amount in many cases may have to be scaled down,"he added.

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Posted by dcjaya at March 24, 2008 10:21 AM