ICICI seeks to raise $3 bn for private equity, property funds

livemint.com: Funding plan: India’s attraction continues to be growth, says ICICI Venture Fund Management’s Renuka Ramnath. Photo: Kedar Bhat / Mint livemint.com
livemint.com     May 15, 2008            

ICICI joins Blackstone Group Lp and local rivals including Kotak Mahindra Bank Ltd in seeking investment opportunities in India London: India’s second biggest lender ICICI Bank Ltd plans to raise as much as $3 billion (Rs12,720 crore) for two funds as it competes with Morgan Stanley and Deutsche... [read full story]                

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ICICI Venture To Raise $3 Billion For Infra And Real Estate Funds

vccircle.com     May 15, 2008          

ICICI Venture Fund Management Pvt Ltd, the private equity arm of India’s second largest bank ICICI Bank, will raise as much as $3 billion for an infrastructure and a real estate fund, reports Bloomberg. ICICI Venture will start the roadshows next week for a $1.5 billion fund, and may also look at...                

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