ECL Finance is the credit vertical of Edelweiss Group which is one of the leading diversified financial services group in India. ECL Finance currently has a loan book of USD 4 bn+.
Edelweiss advised ECL Finance in raising USD 250m from CDPQ Private Equity, a wholly-owned subsidiary of Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers.
The planned investment by CDPQ would contribute towards establishing a large and diversified credit platform in India.