Northern Arc's impact fund makes first close at Rs.700-Cr
Northern Arc Investments Managers (NAIM), the fund management unit of Northern Arc Capital, has attracted a commitment of INR 700 crore towards the first close of its Northern Arc Impact India Fund (NAIIF). Investors in the first close include the Belgian Investment Company for Developing Countries (BIO, which contributed INR 65 crore), Blue Earth Capital, Anthos Fund and Asset Management, and Calvert Impact Capital.
Want to receive such news items in your inbox? Click Here to sign up for a trial.