LIC Housing Finance raises Rs 250 crore for real estate #privateequity fund

LIC Housing Finance Ltd, the mortgage unit of India's biggest insurer, has achieved a first close of Rs 250 crore for its maiden real estate private equity fund. Launched late last year, the fund has a target size of Rs 500 crore, with a green shoe option of Rs 250 crore. This provision will allow LIC Housing Finance Asset Management Company, the manager of the fund, to sell more units than planned. CONTINUE AS YOU ENTER THE WORLDS OF #SobiaKhan, #BANGALORE @timesofindia @resilient_ent benny quetell resilient media entertainment

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