USD 20 Million Investment

6 Feb 2008 17:50

Livermore Investments Group Limited06 February 2008 6 February 2008 LIVERMORE INVESTMENTS GROUP LIMITED ("LIVERMORE") USD 20 Million Investment Livermore today announces that it has taken a minority stake by investing USD20million into an exclusive private equity fund managed by SRS PrivateInvestments. The fund, in turn, will invest in relatively large private equitytransactions in the Indian Real Estate sector at attractive valuations.Livermore expects an IRR of over 25% from this investment over the next 3-4years. Enquiries: LivermoreDoron Yassur+972 542 555900 Hudson SandlerJessica Rouleau / Fran Read+44 (0) 20 7796 4133 Numis SecuritiesLee Aston+44 (0) 20 7260 1000 This information is provided by RNS The company news service from the London Stock Exchange