6 February 2008
USD 20 Million Investment
LIVERMORE INVESTMENTS GROUP LIMITED ("LIVERMORE")
USD 20 Million Investment
Livermore today announces that it has taken a minority stake by investing USD20 million into an exclusive private equity fund managed by SRS Private Investments. The fund, in turn, will invest in relatively large private equity transactions in the Indian Real Estate sector at attractive valuations. Livermore expects an IRR of over 25% from this investment over the next 3-4 years.
Enquiries:
Livermore Doron Yassur +972 542 555900
Hudson Sandler Jessica Rouleau / Fran Read +44 (0) 20 7796 4133
Numis Securities Lee Aston +44 (0) 20 7260 1000
|