TPG to buy NIIF’s green NBFC Aseem Finance for $500 mn

Launchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPGs investment is being made through TPG Rise Climate, the firms dedicated climate investing platform. Current management team and loan book will continue, be subsumed into the new platform and receive further capitalization for growth.

Raccontata daeconomictimes.indiatimes.com