30 Sep 2014

IFC investing up to $75M in Clearwater's Indian lending arm for distressed assets


International Finance Corporation (IFC), the private sector investment arm of the World Bank, has proposed to invest up to Rs 450 crore ($75 million) in Clearwater India Ltd (CIL), an India-focused non banking finance corporation (NBFC) which lends to financially stressed firms.

CIL is a portfolio company of Clearwater Capital Partners (Clearwater), which manages special situations focused PE funds. Read More..

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