Friday, December 12, 2008

IL&FS RAISES $895 MN FOR SECOND REALTY FUND

Braving a slowdown, IL&FS Investment Managers Limited (IIML), a leading private equity fund manager, on Tuesday announced the closure of its IL&FS India Realty Fund-II (IIRF2) at $895 million, exceeding the target by $145 million.

Hindustan Times

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