03.12.2015 - Future Fund to invest up to $200 million in India next year: Steve Byrom
Future Fund, Australia's sovereign wealth fund will invest up to $200 million in India next year, Steve Byrom, its head of private equity fund told ET. Praising the new government for its initiatives, Byrom said that today, India is considered low risk over China and hence the fund will continue to maintain its pace of investments in India. Future Fund, besides investing in private equity funds also does co-investments on a deal to deal basis. This, says Byrom, eliminates the need for an India dedicated office as of now. "We let the partner GPs source the deals for us. We look at co-investment opportunities on a deal to deal basis," Byrom told ET on the sidelines of a private equity event here in Mumbai...............................................Full Article: Source
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