IDFC Private Equity today announced that it has raised Rs 1,900 crore ($430 million) in its second fund - IDFC Private Equity Fund II - with the objective of investing in infrastructure development projects.IDFC Private Equity Fund II has foreign investors including Japan-based Mizuho and KFW. "The fund will make its first deal this month, which will be in the healthcare sector," Luis Miranda, president and CEO of IDFC Private Equity, said. The company has identified seven areas for investments - power, oil and gas, transportation, telecom, urban and rural infrastructure and miscellaneous areas like healthcare and education.The portfolio of IDFC Private Equity includes GMR Energy, Gujarat State Petroleum, Hotel Leela-Ventures, Chalet Hotels, Gujarat Pipavav Port and Delhi International Airport.
