IndiaRF targets $1b for second fund; IFC mulls $40m commitment

IndiaRF targets $1b for second fund; IFC mulls $40m commitment

IFC/World Bank HQ. Photo: IFC

India Resurgence Fund (IndiaRF), the distressed asset platform backed by Piramal Enterprises and Bain Capital Credit, is aiming to raise up to $1 billion for its second fund targeting control-oriented turnaround investments in India.

Edited by: Padma Priya

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