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January 11, 2009

Fund News: NYLIM India closes $440-M Third Fund

From the Press Release:

Jacob Ballas Capital has announced the closure of its third India-dedicated private equity fund at $440 million The latest fund, NYLIM Jacob Ballas India Fund III, takes the firm's total assets under management to over $600 million. The latest fund's investor base is diversified globally across the USA, Middle East, Japan, Europe and Asia ex-Japan. About 85% of Fund III’s investors are financial institutions, sovereign funds, pension funds and funds of funds, while 15% comprise reputable family offices and private investors.

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