Nereus Capital Raises $100 Million for India Fund

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Nereus Capital Management LLC said it raised as much as $100 million from Northern Lights Capital Group LLC and the U.S. Agency for International Development for its India clean energy fund.

Northern Lights will contribute $100 million to Nereus Capital’s India Alternative Energy Fund, which includes a $40 million credit guarantee from USAID, Nereus Managing Director Jonathan Winer said in an e-mail.