Investcorp secures $130m in commitments for Indian residential lending platform

Investcorp secures $130m in commitments for Indian residential lending platform

Photo: Pixabay

Bahrain-based alternative assets manager Investcorp has secured $130 million in anchor commitments for its new Indian residential lending platform, per an announcement.

BAE Systems Pension Funds Investment Management Limited is the cornerstone investor for this initiative, which will focus on projects in the affordable and mid-market housing segment in the top seven cities in India, Investcorp said in a statement.

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