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While Markets Turn Bearish, Funds Bullish About Raising More Capital

Posted on July 02, 2008

When you look at the newsflow on the new fund raising plans, you can't really figure if there is a slowdown indeed staring at us. A number of firms like Jacob Ballas Capital India and Citigroup are raising new funds. The Delhi-based Jacob Ballas, a firm that advises New York Life Investment Management LLC on private equity investments in India, is planning to raise its fourth India focused private equity fund of $500 million, Business Standard has reported. This is when TVS Shriram Growth Fund announced the mobilisation of a Rs 500 crore ($125 million) fund for growth stage businesses hoping t...

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