Funds managed
| Fund name | Asset Class | License |
| IFMR FImpact Investment Fund | Social Venture Fund | SEBI AIF Cat 1 |
| IFMR FImpact Long-Term Multi-Asset Class Fund | Debt Fund | SEBI AIF Cat 2 |
| IFMR FImpact Medium Term Micro Finance Fund | Debt Fund | SEBI AIF Cat 2 |
| IFMR Long Term Credit Fund | Debt Fund | SEBI AIF Cat 2 |
| IFMR Medium Term Opportunities Fund | Debt Fund | SEBI AIF Cat 2 |
| IFMR FImpact Income Builder Fund | Debt Fund | SEBI AIF Cat 2 |
About the AMC
- Northern Arc Investment Manager Pvt. Ltd. (Formally known as IFMR Investment) is the wholly owned subsidiary of Northern Arc Capital.
Northern Arc Investments provides specialized Alternative Investment Fund (AIF) products that promote financial inclusion while at the same time providing an attractive investment opportunity for investors. Northern Arc Investments’ AIFs provide a unique platform for investors to take part in market opportunities in sectors like microfinance, affordable housing finance, SME finance, commercial vehicle finance, agri-business finance and other sectors.
- Key staff – Dr. Kshama Fernandez (MD & CEO)
Bama Balakrishnan (CFO)
Pardhasaradhi R (CRO)
Ashish Thekkekara (Head – Northern Arc Investment Advisors)
Ravi Vukkadala (CEO – Investments)
- Something about the key fund manager eg where they worked before and where they studied
Investment Philosophy (for firm)
Due Diligence Process –
- Entity Identification -Annual report, rating report, management, portfolio composition
- Pre Investment Evaluation -Multi-dimensional evaluation framework
– Strategy and business plan
– Client protection and ESG
– Legal, governance and leadership quality
– Management and systems
– Financial and operational performance
- Detailed Due Diligence – Field visit and meeting with senior management, promoter, independent, rating agency, and investors
– Financial and operational due diligence
– social due diligence
- Post Visit Documentation – Preparation of due diligence report based on visit and data received.
- Entity Appraisal – Entity to be appraised across various parameters based on information received as well as insights gathered in field visits.
- Investment Committee – Based on report and information received, approval of IC is sought.
- Investment Approval – Post-approval by IC, final non-binding term sheets are negotiated and finalized to close the investment decision process.
Funds launched by Northern Arc Investments aim at investing in a select group of high quality institutions in India’s retail finance sector and allow investors to take part in India’s financial inclusion movement.
Media
Topic/Title, Media platform name, Date
Link to media
Summary of what was said
Topic/Title, Media platform name, Date
Link to media
Summary of what was said
Topic/Title, Media platform name, Date
Link to media
Summary of what was said
Topic/Title, Media platform name, Date
Link to media
Summary of what was said
Analyst questions
Prepared by – Rashika Bhatia
Date – 4th May 2020
Peer Reviewed By – Ridhima Jaisinghani
Date – 11th May 2020
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