LONDON, July 30 (Reuters) - London-based private equitygroup 3i said it earned 164 million pounds ($277.88million) from exiting companies in the last quarter, with afurther 245 million pounds to come.
"We are seeing good momentum across the group and a growingnumber of exits at attractive valuations," 3i Chief ExecutiveSimon Borrows said in a statement on Wednesday.
"We remain cautious investors in both private equity andinfrastructure given the competitive dynamics in those marketsbut have made selective investment in all three divisions."(1 US dollar = 0.5902 British pound) (Reporting by Huw Jones, editing by Louise Heavens)