International Finance Corporation (IFC), a member of the World Bank Group, has proposed a $40-million investment in the latest India-focused credit fund of Baring Private Equity Asia (BPEA), according to its latest disclosure.
Baring PE Asia, the global alternative investment major, is seeking to raise $500 million in capital commitments for BPEA Credit – India Fund III. The fund will invest predominantly in senior debt instruments of corporates that are based in or have substantial operations in India.
