Business - Briefly   

JM Financial launches private equity fund

CHENNAI: The JM Financial group is launching a corporate private equity fund, JM Financial India Fund, teaming up with the U.S.-based Old Lane Partners. The initial corpus of the fund will be $150-175 million and it will invest in Indian companies. According to a BSE release, the required funds are being raised from domestic and overseas investors, subject to necessary approvals.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

BIMSTEC meet sets early deadline for FTA
ONGC clears Dahej investment
SBI's first full-fledged branch in China
`Hedge funds offer scope for tapping foreign capital'
Mahindra Gesco's biotech SEZ cleared
Ford rolls out all-new Fusion
TCL plans unit in India
Whirlpool records 30 p.c. jump in sales
Three vessels launched from Cochin Shipyard
Rupee moves up further
Sensex gains further
Exchange rates
Bullion rates
Aurobindo Pharma gets MHRA authorisation
Mu Sigma to strengthen Bangalore operations
TVS Victor GLX with electric start launched
Kaml Nath's assurance to traders on FDI
Cholayil launches Medimix sandal
ITC Infotech gets Danske Bank contract
Global Meet
IBA to take up PLR issue
QuEST in pact with MAG Industrial
Areva T&D gets NLDC contract
No hike in home loan rates: ICICI Bank
Power, steel pull down infrastructure growth
Tata Sons raises stake in VSNL
Training programme on export marketing
Hitachi sets up new business unit
JM Financial launches private equity fund
Gitanjali Gems pact with Modern India
Motor insurance software from Insurance Assist
BhOB raises deposit rates

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu