Northern Arc Investments exits maiden fund with 15% net returns

The Hindu BusinessLine

Northern Arc Investments, the alternative investment arm of non-banking financial company Northern Arc Capital, today announced the successful maturity and closure of IFMR FImpact Investment Fund with a higher-than-expected return.

Launched in 2015, the IFMR FImpact Investment Fund is the maiden fund from Northern Arc Capital’s investment platform. It was also the first microfinance-focussed private credit fund in India. The fund raised ₹1,000 million in commitments from an investor base, which included banks, insurance companies and HNIs.

Accion Global Investments’ portfolio company Northern Arc is featured in this Hindu BusinessLine article.

 

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