GIC plans to float a $3 billion India-focused public market fund

Already one of the largest overseas investors in India, GIC has hired Aditya Agarwal to head its new fund as managing director and is looking to a mid-2021 launch. While the final size hasn't been finalised, it's keen to allocate $2-3 billion for the purpose, said the people cited above. Agarwal was principal at public market fund Westbridge Capital.

from Stocks-Markets-Economic Times https://ift.tt/3nTDBUm