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India’s Super Rich Commit $30 Billion To Real Estate And Private Equity Funds

Wealthy investors are increasingly looking at real estate and private equity funds.

The portrait of Mahatma Gandhi is displayed on an Indian 2000 rupee banknote in an arranged photograph in Bangkok. (Photographer: Brent Lewin/Bloomberg)
The portrait of Mahatma Gandhi is displayed on an Indian 2000 rupee banknote in an arranged photograph in Bangkok. (Photographer: Brent Lewin/Bloomberg)
India’s super rich doubled commitment to invest through private equity, venture capital and real estate funds in a year as they chase alternative investments.Commitments to invest through what are called category-II alternative investment funds was Rs 2.05 lakh crore (nearly $30 billion) as of March, according to data released by the Securities and Exchange Board of India. That compares with Rs 1.05 lakh crore a year earlier.Of the p...
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