BANKING & FINANCE
Neo Raises ₹6,200 Cr Via Second Special Credit Fund, Exceeds Target
Neo Wealth and Asset Management’s alternative investment arm, Neo Alternative Asset Managers (NAAM), has raised ₹6,200 crore through its second Special Credit Opportunities strategy, exceeding its initial fundraising target of ₹5,000 crore by 24%. The fundraise marks a significant expansion of Neo’s private credit business, with the final close of Neo Special Credit Opportunities Fund-II […]
CW Bureau
·
Nov 3, 2026
BANKING & FINANCE
ASK Investment Managers To Acquire SageOne Investment Managers
ASK Investment Managers (ASK IM) has entered into definitive agreements to acquire SageOne Investment Managers, an asset manager operating across portfolio management services (PMS) and alternative investment funds (AIF), strengthening its equity investment capabilities. SageOne Founder and Chief Investment Officer Samit Vartak will reinvest in ASK and continue as Chief Investment Officer (Equities) of the […]
CW Bureau
·
Oct 5, 2026
BANKING & FINANCE
YES Bank, Northern Arc Capital Tie Up For Credit Access, Digital Lending
YES Bank and Northern Arc Capital have entered into a strategic partnership to expand access to credit, scale digital lending and provide debt investment opportunities to customers. The collaboration brings together YES Bank’s balance-sheet strength, digital infrastructure and distribution capabilities with Northern Arc Capital’s underwriting expertise, technology platforms and origination network to expand formal credit […]
CW Bureau
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Jun 19, 2026
BANKING & FINANCE
Nippon Life India AMC Bets On AIFs, Global Expansion And Digital Growth
Nippon Life India Asset Management Ltd (NAM India) has set its focus on alternative investments, global expansion and digital transformation as the company seeks to diversify growth beyond its mutual fund business, according to Managing Director & CEO Sundeep Sikka. In his message to shareholders in the company’s Annual Report 2026, Sikka said the asset […]
CW Bureau
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Jun 16, 2026
BANKING & FINANCE
DWS To Buy 40% Stake In Nippon Life India AIF Management For ₹733 Cr
DWS Group GmbH & Co. KGaA, the German asset management firm, will acquire a 40% stake in Nippon Life India AIF Management Ltd (NAIF) for ₹733 crore through a preferential allotment of shares. NAIF will issue 3.40 lakh equity shares to DWS as part of the transaction. Following the allotment, NAIF will cease to be […]
CW Bureau
·
Mar 15, 2026
