Christie Ou
The deal will assist Prateek Group in completing the Prateek Grand City residential scheme in Ghaziabad.
The Australian banking group continues to sell its assets in Asia, the latest being UDC Finance.
The group aims to cater to demand across India’s real estate and non-real-estate financing markets.
David Park will replace Min Ho Park who stepped down from his position at the Korean pension fund at the end of last year.
The firm has increased its presence in non-bank lending services in Asia Pacific with several senior hires recently.
The Indian NBFC ended 2016 by making real estate investments in Pune and Noida.
Mercury’s Enrique Cuan predicts more private equity managers will tap the private credit space in the next couple of years.
IFMR Capital has raised three debt funds to date, helping to fill the financing gap in India.
The South Korean pension fund’s allocation to overseas mezzanine debt funds will remain unchanged.
The South Korean investor is backing vehicles managed by HI Investment and Taurus.