Funds -- Active Funds -- SCI Asia
| Corpus |
: |
US$ 658 mn |
| Vintage |
: |
2008 |
| Focus |
: |
Infrastructure |
| Status |
: |
Investing |
|
|
| Amount Invested |
: |
US$ 300 mn |
| Number of Investments |
: |
8 |
| No. of Divestments |
: |
3 |
| Gross Return |
: |
12% p.a |
|
|
| * Gross Return in US$ terms for fully divested investments. |
As part of its initiatives to expand in the rapidly expanding Infrastructure sector, IL&FS Investment Managers has raised a US$ 658 mn Pan Asian Infrastructure Fund jointly with Standard Chartered Bank (SCB).
The Fund - "Standard Chartered IL&FS Asia Infrastructure Growth Fund" or SCI Asia - will invest in high-growth infrastructure assets in rapidly expanding Asian markets, primarily in India and China.
SCI Asia provides an excellent platform to partner with two of Asia's premier financial and infrastructure institutions with an experienced local team of infrastructure and private equity experts.
SCI Asia has already built a portfolio of US$ 300 million of attractive assets, comprising operating toll roads, power plants, water treatment projects, waste management services etc. and the Fund team has access to nearly US$ 2 billion in potential equity commitments, balanced by country and sector.
The Fund has had three full exits and liquidity events in two of its investments.
Key Transactions: