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Baring Asia fund to invest upto $750 mln in India

Wed May 14, 2008 6:28pm IST
 
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MUMBAI (Reuters) - Baring Private Equity Asia plans to invest up to half of its $1.52 billion fund, targeted at mid-sized growth companies in the Asian region, in India, a top official said on Wednesday.

"We will invest anywhere between $500-750 million in India," Founder and Chief Executive Officer Jean Eric Salata said at a news conference.

 
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