Tata Capital to launch private equity fund

This was announced by Tata Capital Managing Director Praveen P Kadle, here on Tuesday. Kadle declined to say what could be the size of the private equity fund, but according to early indications, the fund-size will initially be $350-400 million.

Tata Capital has an  Rs 8,500 crore alliance with the Japanese Mizuho Financial Group. And Kadle said the alliance with Mizuho provided the right platform for Indian corporates to tap the Japanese market.

He said  Japan offered tremendous opportunities for Indian companies to raise capital through equity as well as debt.Mizuho Deputy President Yukata Endo said Japanese corporations and retail investors saw India as a  investment destination.

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