macquariesbi-plan-2-billion-indian-infrastructure-fund

Macquarie/SBI plan $2 billion Indian infrastructure fund

Macquarie, SBI and the International Finance Corporation, as a cornerstone investor, plan to contribute a total of $450 million to start the fund, which is expected to launch by the end of June.
Macquarie Capital Group and State Bank of India (SBI) plan to raise a new $2 billion fund that will invest in direct infrastructure investment opportunities in India

Macquarie and SBI have signed a memorandum of understanding to set up a company and manage the proposed fund The International Finance Corporation (IFC), as one of the fundÆs cornerstone investors, will also have a stake in the proposed company

Macquarie, SBI and the IFC together plan to contribute a total $450 million in anchor investments to start the fund, which will raise further capital from both domestic and international institutional investors The fund is scheduled to launch by end-June

As the primary sponsors of the fund, Macquarie...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222