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Clearwater invests $50 mn in power equipment park

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Press Trust of India Vadodara
Last Updated : Jan 20 2013 | 9:47 PM IST

Clearwater has so far invested $500 million in 39 companies across India, which it considers a safe investment destination due to its legal framework that is absent in China, company's Managing Partner Robert Petty said here.

He hoped to invest in more companies after operationalising of Indo-US nuclear deal.

He said Clearwater currently manages $1.7 billion in assets across four funds and boasts of 86 team members across eight locations, including  New York, Beijing, Hanoi, Hongkong, Mumbai, Munich, Seoul and Singapore.

The company, he said, would generate revenue of over Rs 1500 crores on completion of these projects and shall employ 4,000 persons.

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First Published: Jul 03 2008 | 2:22 PM IST

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