INSUBCONTINENT EXCLUSIVE:
MUMBAI: Edelweiss Financial Services has raised Rs 2,000 crore and made a first close of its maiden fund to buy out infrastructure assets in
India as rapid urbanisation and push for sustainable development provide room to financial investors.
The fund, which was launched in
January this year, collected in a big way from domestic investors such as ultra HNIs, family offices and domestic financial
institutions.
Edelweiss, though initially targeted to raise Rs 2,000 crore with an additional greenshoe option of Rs 4,500 crore, has
quality income generating alternative and long-term products
The better-than-expected participation from domestic financial institutions and HNIs also points that people are preferring
(Sebi) as a Category I Alternate Investment Fund for investing in infrastructure sector in the target markets in India
Infrastructure developers are looking to monetise operating assets to reduce stress on over-leveraged balance sheet and finance their
Sebi-registered AIFs have raised Rs 7,524.09 crore in 2017 for investing in infrastructure space, up 11 per cent from the amount raised in
the corresponding period a year ago.
