Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans

Ares SSG Capital has committed to a new fund set up by a non-banking finance company which will soak up most of the NBFC’s real estate loans, a top executive of the non-bank lender told VCCircle. Hong Kong-based stressed asset specialist Ares SSG has committed Rs 1,200 crore (about $165 million) ......