CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (£126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.
Dexia provides $5bn credit line for US monoline (Fund News)
Dexia, the Belgian-French financial services group, acted to bolster confidence in its US bond insurance division by providing a $5bn credit line to the subsidiary.
John Paulson, the US hedge fund manager said at a conference in Monaco that it was too early to look for bargains in the financial sector and predicted the worst was yet to come for the UK housing market.