Friday, July 07, 2006

News: IL&FS raises $525 mn from realty fund

(BS 07/07/2006) Mumbai - Private equity fund management company, IL&FS Investment Managers has raised a total of $ 525 million through its Infrastructure Leasing & Financial Services Realty Fund.

The company today informed the Bombay Stock Exchange that it has achieved its final closing for the the Infrastructure Leasing & Financial Services Realty Fund with a committed corpus of $ 525 million.

The company had earlier raised $ 340 million through the realty fund in its initial closing.

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