IDFC Project Equity explained

IDFC Project Equity Company Limited
Type:Limited liability company
Foundation:2008[1]
Location:Mumbai, India
Industry:Private Equity
Products:Investments, private equity funds
Parent:Infrastructure Development Finance Company
Homepage:www.idfcprojectequity.com

IDFC Project Equity is a finance company based in India and subsidiary of Infrastructure Development Finance Company Limited (IDFC).

IDFC Project Equity manages the India Infrastructure Fund (IIF), a SEBI-registered domestic venture capital fund focused on infrastructure with a corpus of INR 35 billion (US$875 million). IIF focuses on investing equity for the long-term in a diversified portfolio of infrastructure assets in India.

History

IDFC Project Equity Company Limited is a wholly owned subsidiary of IDFC. It was set up as part of the 'India Infrastructure Financing Initiative', a collaboration between the Government of India and financial institutions to deploy US$5 billion in capital for infrastructure projects in India.

External links

Notes and References

  1. Web site: IDFC Project Equity India, Infrastructure Funds in India – IDFC .