Townsend Group backs KKR's India real estate NBFC
KKR has signed up another partner for its India-focused real estate non-banking finance company (NBFC), with US-based investor The Townsend Group agreeing to commit capital.
The NBFC is sponsored and managed by KKR and has GIC Private as a lead investor. It provides structured credit solutions to property developers, filling a funding gap created by restrictions on banks'...
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