News for 'HSH Nordbank'

$500-mn infra PE fund from UTI

$500-mn infra PE fund from UTI

Rediff.com24 Jul 2009

The fund is being set up in association with two off-shore partners -- HSH Nordbank, (HSH) Germany and Noor Financial Investment Company of Kuwait. HSH Nordbank is a major financier in the transportation sector especially in shipping and aviation. In India, it has participated in debt financing for the modernisation of the Delhi airport. Noor is the financial arm of NIG Group, a conglomerate.