Tag: Hedge Funds

IL&FS realty fund mops up 895 million dollars

IL&FS real estate fund has mopped up $895 million (Rs 43,855 crore), promising overseas investors a return as high as 25%. The fund, called the IL&FS India Reality Fund 2, closed on Monday. Nearly 50% of the investment in the fund has come from US-based investors. The money has been raised at a time when […]

Global Crash Keeps Indian Firms Off AIM

In the wake of a global slowdown in the initial public offerings (IPO) market, Indian companies are losing appetite for listing on the Alternative Investment Market (AIM). Once touted to be a favoured destination for small- and mid-size companies, London’s AIM has managed to get only four companies to list on it so far this […]