DLF Assets Pvt Ltd receives US$ 200mn in funding

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New Opportunities I PCC ("Investor") sponsored by Lehman Brothers has made an investment of USD 200 million into DLF Assets Private Limited (DAPL).

Earlier, D E Shaw, the global investment firm has made an investment of USD 400 million into DLF Assets Private Limited (DAPL). Both Investors get representation on the Board of Directors of DAPL.

DAPL has been set up with the intent of bidding (along with other bidders) in potential assets sales that DLF may wish to conduct.

Sourced From: Concept Public Relations India Pvt. Ltd