| From Asianinvestor.net: This year some $18 billion is being raised globally for investments into infrastructure funds aimed primarily at Asia, with India receiving the lion’s share, according to data compiled by Preqin, a London-based consultancy that focuses on non-listed investments.How much of that money will actually be raised, let alone deployed, remains to be seen, but Tim Friedman, head of publishing at Preqin, says global fund managers are likely to close $3-5 billion in 2008.
This represents a notable jump on 2006 and 2007, which each saw around $1 billion of funds raised for Asian infrastructure. “We’ve seen an increase in demand for infrastructure investments worldwide but this focus on Asia is recent,” Friedman says.Both JPMorgan and Macquarie Funds Management are raising $2 billion funds for India: the JPMorgan Chase India Infrastructure Fund and the Macquarie India Infrastructure Opportunities Fund..... Full Article: Source
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