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	<title>Comments on: This is a dramatic, never-before opportunity &#8211; Money Matters &#8211; livemint.com</title>
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		<title>By: &#187; This is a dramatic, never-before opportunity - Money Matters - livemint.com</title>
		<link>http://www.advantages.us/zya/2008/this-is-a-dramatic-never-before-opportunity-money-matters-livemintcom/comment-page-1/#comment-22</link>
		<dc:creator>&#187; This is a dramatic, never-before opportunity - Money Matters - livemint.com</dc:creator>
		<pubDate>Sat, 15 Nov 2008 04:55:31 +0000</pubDate>
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		<description>[...] zyakaira wrote an interesting post today onHere&#8217;s a quick excerpt I was mandated to recruit the private equity team and fine tune the strategy. And that’s my current focus. Obviously, with the current financial crisis, I am again involved in the finance and treasury side, but this is temporary. It is touted as a $800 million-1 billion (Rs3,960-4,950 crore) fund? Is there a delay in floating the fund? Those are numbers that we didn’t really talk about. We don’t have a definitive number in mind or fund targets. We want to place funds in two or three phases. A couple of months back, we initiated discussions with a closed group of potential investors known to this group (R-Adag) and who have some kind of prior relationship and have dealt with the group. So, we will raise money from this group somewhere in the January-March quarter of next year and then we will go out in the market. Yes, the timeline has shifted [&#8230;] [...]</description>
		<content:encoded><![CDATA[<p>[...] zyakaira wrote an interesting post today onHere&#8217;s a quick excerpt I was mandated to recruit the private equity team and fine tune the strategy. And that’s my current focus. Obviously, with the current financial crisis, I am again involved in the finance and treasury side, but this is temporary. It is touted as a $800 million-1 billion (Rs3,960-4,950 crore) fund? Is there a delay in floating the fund? Those are numbers that we didn’t really talk about. We don’t have a definitive number in mind or fund targets. We want to place funds in two or three phases. A couple of months back, we initiated discussions with a closed group of potential investors known to this group (R-Adag) and who have some kind of prior relationship and have dealt with the group. So, we will raise money from this group somewhere in the January-March quarter of next year and then we will go out in the market. Yes, the timeline has shifted [&#8230;] [...]</p>
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