IFC mulls $150m bet on Ares fund targeting distressed assets

IFC mulls $150m bet on Ares fund targeting distressed assets

IFC/World Bank HQ. Photo: IFC

The International Finance Corporation (IFC) is planning to invest up to $150 million in a fund managed by Ares Management Asia that will target distressed assets and non-performing loans across Southeast Asia and India, per a disclosure.

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter