Creador completed the acquisition of a 11.8% stake in IKF Finance from Accion and Teachers Insurance and Annuity Association of America for $56m.

Creador, a private equity firm focused on growth capital investments in South and Southeast Asia, completed the acquisition of a 11.8% stake in IKF Finance, an Indian non-banking finance company, from Accion, a global nonprofit organization, and Teachers Insurance and Annuity Association of America, a provider of retirement and financial services, for $56m. “This investment underscores our commitment to identifying and supporting high-quality businesses addressing the underserved segments of India’s financial services sector. IKF has built a formidable institution marked by deep sector expertise and consistent performance," Robin Agarwal,   Creador Executive Director.