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Maj Invest makes fourth investment for microfinance fund

The asset manager Maj Invest has made a fourth investment through its fund that focuses on financial services in developing countries. The fund had its first close in April after millions of euros were committed.

Indian loan provider platform Flexiloans has raised a total of USD 90m (DKK 640m) in a funding round in which Danish asset manager Maj Invest participated.

On its website, Maj Invest reveals that the investment has been made through its Maj Invest Financial Inclusion Fund III and is the fourth investment made through this fund, which closed to new commitments in April after raising around DKK 1.2bn (EUR 161.3m).

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