UK-based Social Finance to raise $2b for India impact investing
Social Finance, a globally focused impact investor based in the UK, plans to raise $2 billion for investments in India across two vehicles focused on education and local micro, small and medium-sized enterprises (MSMEs).
The two vehicles, India Impact Fund of Funds (IIFF) and India Education Outcomes Fund (IEOF), are targeting $1 billion each. IIFF will raise $600 million from return-seeking investors including corporations,...
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