Venture Intelligence (TSJ Media Pvt. Ltd.)
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Investec makes 3rd close of maiden credit fund at Rs.850-Cr
Investec Capital Services (India) has made the third close of its Emerging India Credit Opportunities Fund I at INR 850 crore (over USD 110 million) from over 340 investors. The maiden fund of Investec Capital has a target corpus of INR 1,000 crore with a greenshoe option. The fund has been making senior, secured credit investments in India-focused mid-market businesses. Investec Capital is an 80:20 joint venture between Investec Bank plc and SBI Capital Markets Ltd and is set up as a Category II Alternative Investment Fund.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.