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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

RMZ Corp receives investment from QIA fund

Posted on 24 July 2013

Qatar Investment Authority, a sovereign wealth fund is investing $300 million in RMZ Corp, a Bangalore based commercial space developer. The capital will be invested into RMZ’s SPV in which Baring Private Equity Partners, also had invested R500 Cr in 2012. The investment will be equally split into a combination of equity and debt.
QIA Fund will back RMZ to buy IT parks worth R3,000 Cr and jointly, both partners will look at acquiring commercial spaces across Bangalore, Hyderabad, Chennai and Pune………………………………………..Full Article: Source


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