IDFC’s private equity (PE) arm IDFC Alternatives is planning to raise $600 million from two funds. The company is planning to raise $400 million from its fourth PE fund and $200-250 million from a real estate fund, which will invest in mid-market housing projects in six cities. The PE fund will invest in sectors in which it has expertise - education, health care, food and agriculture, media and telecom.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
