Tata Capital Raises $800M For PE Investments

Tata Capital, the private equity unit of India’s Tata Group, has sealed commitments of $800 million for new private equity investments, Reuters reported. Last year, Tata Capital set up a private equity fund jointly with Japan's Mizuho Securities to invest in unlisted Indian companies, with a target of raising $1 billion by December 2011, Reuters wrote. The firm provides financial services across consumer and corporate finance, equity research, and investment banking, and manages several buyout funds, including Tata Growth Fund and Tata Opportunities Fund.

DealsManagersNorth AmericaUSBriefs