Arcil backer Avenue Capital raises commitments for new Asia focused fund
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Arcil backer Avenue Capital raises commitments for new Asia focused fund

By Bruhadeeswaran R

  • 18 May 2021
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Arcil backer Avenue Capital raises commitments for new Asia focused fund
Credit: 123RF.com

New York-based investment firm Avenue Capital Group, an investor in Asset Reconstruction Company (India) Ltd or Arcil, is raising its latest closed ended institutional fund focussed on distressed debt in Asia, said a source close to the development. The fund, Avenue Asia Special Situations Fund VI, has already raised $337 million ......

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