Northern Arc launches $179m performing credit fund

Northern Arc launches $179m performing credit fund

Source: Freepik

Northern Arc, a non-banking financial company in India, on Monday, said it has launched its performing credit AIF fund (Category II) – ‘Finserv Fund’ through its subsidiary, Northern Arc Investment Managers (NAIM), with a target corpus of Rs 1500 crore ($178.7 million).

Edited by: Padma Priya