Yes Bank to launch new private equity funds
03 Oct 2007
1
Mumbai: Private sector bank, Yes Bank, has plans to launch four private equity funds in the course of the next 12 to 24 months.
According
to Yes Bank president for corporate finance and development banking Somak Ghosh,
It would be a mix of domestic and overseas investors. The bank will launch an
infrastructure fund of $550-750 million, a real estate fund of around $250-350
million, a distressed-assets fund of around $250-350 million, and a $150 million
fund focussed on socially responsible investments.
