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Trust Group launches Athena Investments, a category III Alternate Investment Fund, which aims to raise Rs 1000 Cr

Mumbai (Maharashtra) [India], January 19 (ANI/PNN): Trust Group, based out of Mumbai, announced the launch of Athena Investments, which is a SEBI-registered Category III Alternative Investment Fund set up to provide alternative investment solutions to investors. Athena Investments has launched their first scheme under the name of "STOCK CONVERTIBLE SCHEME (SCS)" today. SCS is an open-ended - absolute return focussed AIF that proposes to invest in listed equities through the use of equity derivatives. The fund has no lock-in and no exit load with a monthly exit option for investors. The objective of this fund is to generate absolute returns and provide a quarterly payout to investors which is better than fixed income. SCS offers an optimum blend of risk, return, cash flows, and liquidity. It has two options, viz. quarterly payout scheme or growth scheme, to suit the need of investors. The investment universe of SCS is ~ 100 large-cap companies. A filtration process will be fol ....

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Raising funds from small investors pays off for Digital Dream Labs

Crowdfunding sites like Republic have offered companies a platform to sell securities. Anyone with $50 can invest in Digital Dream Labs through its campaign page, which contains details about the company’s product offerings, target market, competitors, and even a discussion board where users can ask the company questions. ....

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