Religare reaches final close of $78m on first debt fund
Religare Credit Advisors has announced a final close of the domestic vehicle of its first debt fund, Religare Credit Opportunities Fund, at INR5.1 billion ($78 million).
Religare launched the fund in March 2014 with a target of INR10 billion, with a INR2.5 billion overallotment option. With the domestic vehicle closed, the firm will raise the rest from overseas investors....
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