Investment bank Lazard is the latest to join the fray of investors setting up private equity funds in India as analysts predict record fundraising for the country this year.
Lazard is targeting up to $300m (â¬203.6m) for an India-focused private equity fund, according to Indian newspaper Business Standard. The roadshow for the fund is due to start in February with a cornerstone investment from Lazard. The fund is expected to be in the range of between $250 and $300m, according to the report.
