ASK Alternates Targets Rs 2,500 Cr Credit Fund

Mumbai, May 14 (PTI) ASK Alternates on Thursday announced that it is targeting to raise up to Rs 2,500 crore in its second private credit fund.

This includes a base issue of Rs 1,000 crore and a greenshoe option of Rs 1,500 crore, according to an official statement.

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Lighthouse Canton to raise Rs 1,200 crore

Global investment firm Lighthouse Canton on Thursday announced that it is aiming to raise Rs 1,200 crore in its third private credit fund in the country.

It has registered 'LC Luminere Credit Fund' as a category II Alternative Investment Fund (AIF), as per an official statement.