ICICI Ventures to list $1.5bn realty fund on London Stock Exchange
Wednesday, June 25, 2008 : PermalinkMSN India- ICICI Venture Fund Management is planning to list its $1.5 billion real estate fund on the London Stock Exchange (LSE).
According to sources, the fund house will be providing the flexibility in the document to list the realty fund anytime during its life span.
ICICI Venture, the largest PE fund in India, currently manages about $2.5 billion in assets.
Its investment focus areas span across private equity, buyouts, real estate and mezzanine financing. The country’s largest private equity fund plans to raise $3 billion for two funds When contacted, an official spokesperson for ICICI Ventures offered no comments.
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