Creation Investments Capital Management, a Chicago-based impact investor, has launched its first $100 million debt fund focusing on non-bank financial companies in the country, according to a release.
The fund seeks to cater to companies in segments such as micro-lending, affordable housing, vehicle loans, small and medium-enterprise lending (SMEs), and education finance.
Over the past 10 years, the firm has invested more than $300 million in multiple Indian companies specialising in microfinance, SMEs, fintech, payments, agri-warehousing and finance and other businesses.
As of December 31, 2020, the firm managed more than $725 million in private funds and other vehicles on behalf of individuals, family offices and institutional investors.
Read more at: VCCircle
By Bruhadeeswaran R
