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News Brief | April 2013

Dewan Housing's PE arm ArthVeda Fund launches infra debt fund

ArthVeda Fund management, the PE arm of housing finance company Dewan Housing Finance, has launched its first infrastructure debt fund, moving away from its core  strategy of investing in India's real estate sector. The Rs 200 crore ArthVeda ANU credit fund will look to invest up to Rs 20 crore per investment in unlisted companies with annual revenue ranging between Rs 50 crore and Rs 100 crore, according to Bikram Sen, Chief Executive Officer.

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