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Our Bureau

New Delhi, April 25

Mr Ravi Krishnan, Managing Director IMG/TWI South Asia and Senior Vice-President, IMG, is joining a large real estate group as its India Head. The group, primarily based in Australia and Israel, is establishing a dedicated India specific multi-million dollar fund. IMG on Tuesday announced that Mr Krishnan would, however, continue his involvement with the company as an Advisor for sports, fashion and entertainment. Mr Krishnan will be joining an Australian/Israeli group of investors that is setting up an India-focused fund that will initially commit $100 million for investment in the real estate sector.

Mr Andrew Wildblood, Senior Corporate Director, IMG India, said, "We respect Ravi's decision and would like to thank him for his terrific contribution to IMG, and also his agreement to continue his association and advise us in key areas."

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