20th Nov 2007 11:45
Origo Sino-India PLC20 November 2007 Origo Sino-India Plc announces private-equity natural resource fund Origo Sino-India Plc ("Origo") (LSE: OSI), the investment and strategic advisorycompany focused on the private equity markets of China and India, announced inOctober 2007 that it was actively considering a range of finance strategies,including the possibility of providing consultancy services to a fund, whichwould enable it to progress its strong deal flow in the natural resource area. Origo continues to make progress in material deal flow and related financestrategies. It has a well developed pipeline of pre-identified investmentopportunities, including letters of interest in respect of 11 potentialinvestments in natural resources with a potential commitment value ofapproximately US$ 137 million. Origo is pleased to announce that it is nowactively engaged in raising at least US$ 100 million for a proposed fundinvesting in private equity natural resources opportunities in China and India. The fund will be the first fund to appoint Origo as its consultant. Advisers tothe fundraising have been appointed and further details will be provided at theappropriate time. Chris Rynning, Chief Executive of Origo, said: "Opportunities related to Origodeal flow and finance strategy are currently being actively marketed and havereceived strong institutional support." Further information: Origo Sino-India Plc Chris Rynning +86 1390 124 [email protected] Nomad and broker: Seymour PierceStuart Lane / John Depasquale +44 (0) 20 7107 [email protected] Media enquiries: Capital MS&LPeter Curtain / James Madsen +44 (0) 20 7307 [email protected] Notes to editors: Origo Sino-India Plc ("Origo"): Origo is an established private equity investor and strategic consultancybusiness, which provides its shareholders with exposure to growth opportunitiesand private equity returns in China and India. Origo's business model is to generate capital gains from private equityinvestment in growth companies from which it also generates fees for consultancyservices related to further fundraisings, M&A and strategic development. Origo is aligned with two major institutions which provide a source of highquality deal flow. In China, Origo works closely with China Equity, a leadingprivate equity firm, whose chief executive is on Origo's board. In India, Origohas entered into a memorandum of understanding with SBI Capital Markets, one ofthe longest-established companies in the Indian capital markets. A formerchairman of SBI is on the board of Origo. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
OPP.L