Nv Capital today announced the launch of its maiden Media & Entertainment Credit Fund. Founded by industry professionals and ex-bankers Nitin Menon and Vivek Menon, Nv Capital will be also India’s first Credit fund focused on the Media and Entertainment sector with the objective of investing in Content creators, Ott platforms, Gaming and Entertainment Start-ups. The fund recently received a nod from Sebi as Category II Alternative Investment Fund.
Nv Capital is looking to raise funds from domestic as well as offshore investors such as Financial Institutions, HNIs, Family Offices and Banks. The Fund plans to raise up to Inr 500 crore. With the rapid rise of Category II credit funds in India over the last few years, Nv Capital is looking to establish a New Alternative Asset Class in the Media & Entertainment space.
Commenting on the launch, Vivek Menon, Co-Founder & Managing Partner, Nv Capital, said, "It is a proud moment...
Nv Capital is looking to raise funds from domestic as well as offshore investors such as Financial Institutions, HNIs, Family Offices and Banks. The Fund plans to raise up to Inr 500 crore. With the rapid rise of Category II credit funds in India over the last few years, Nv Capital is looking to establish a New Alternative Asset Class in the Media & Entertainment space.
Commenting on the launch, Vivek Menon, Co-Founder & Managing Partner, Nv Capital, said, "It is a proud moment...
- 6/16/2021
- by Glamsham Editorial
- GlamSham
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