Deals
Ex-Goldman Executives May Raise $350 Million for Logistics Fund
This article is for subscribers only.
Everstone Capital Management, the private-equity and real-estate fund adviser started by two former Goldman Sachs Group Inc. executives, may raise as much as $350 million for a new fund to invest in warehouses in India.
Everstone has invested 25 percent of the $240 million Indospace Logistics Parks fund, said Sameer Sain, co-founder at Everstone Investment Advisors Pvt. The private-equity firm with offices in Mumbai and Singapore may start raising money for the second fund at the end of 2011 after it has allocated 75 percent of the money in Indospace Logistics, said Sain.