ICICI Venture will sell its 50 % stake in TSI Ventures

Private equity firm ICICI Venture, a division of ICICI Bank on 4th July said it has arrived at an agreement with Tishman Speyer to sell its stake in their real estate joint venture to the US firm.
ICICI Venture will sell its 50 % stake in TSI Ventures India Pvt Ltd, a real estate JV company, to Tishman Speyer, which will now become the lone owner. According to a company statement Tishman Speyer and ICICI Venture will remain equity partners in TSI’s three existing projects.

This entry was written by manish, posted on July 18, 2008 at 7:49 am, filed under Real Estate News and tagged , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

2 Comments

  1. Vikas Bamotra
    Posted August 8, 2008 at 4:57 am | Permalink

    CICI Venture is one of the largest and most successful private equity firms in India with funds under management in excess of USD 2 billion.

  2. Rekha Shertukde
    Posted September 11, 2008 at 8:39 pm | Permalink

    Hello Investor:
    I need venture capital to build Elder care facility in Karjat. Please let me know if you can help.
    My mobile number 9820367265.
    Please call me.
    Rekha Shertukde, MPA

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