MUMBAI: Tata Capital, a unit of diversified Indian conglomerate Tata Group, said on Tuesday it will set up a private equity fund in Singapore
jointly with Japan's Mizuho Securities.
Further details were not immediately available. In July, Tata Capital had said it plans to raise $1 billion for private equity funds by December 2011.
Tata Capital's offerings include consumer and corporate finance, equity research, investment banking and private equity, according to the company's website.
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