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Edelweiss Wealth Management to raise Rs 1,000 cr for equity-focused AIF


Edelweiss Wealth Management is targeting to raise Rs 1,000 crore from domestic investors for its maiden equity-focused alternate investment fund (AIF), according to persons in the know.
The fundraising, which comes amid a strong rally in the markets that has led to concerns overvaluation, will take about 6-9 months, and the company will target high-networth individuals (HNIs), family offices and institutional investors for investment commitments, the sources said.
When contacted, Edelweiss declined to comment.
The sources in the know said the company is targeting to raise over Rs 1,000 crore in the Edelweiss Dynamic Growth Equity (EDGE) Fund and raise more money based on the performance. Over the next few months, it plans to go overseas for widening its asset under management pool through the AIF. ....

Edelweiss Wealth Management , Edelweiss Dynamic Growth Equity , Alternative Investment Management Companies , Mo Ney , Edelweiss Group , Investment Funds , Private Equity , National Investment And Infrastructure Fund , ஏதெல்வேஸ்ஸ் செல்வம் மேலாண்மை , ஏதெல்வேஸ்ஸ் மாறும் வளர்ச்சி பங்கு , மாற்று முதலீடு மேலாண்மை நிறுவனங்கள் , ஏதெல்வேஸ்ஸ் குழு , முதலீடு நிதி , ப்ரைவேட் பங்கு , தேசிய முதலீடு மற்றும் உள்கட்டமைப்பு நிதி ,

Edelweiss Wealth Management Targets To Raise Rs 1,000 Crore For Equity-focused AIF


Edelweiss Wealth Management targets to raise Rs 1,000 crore for equity-focused AIF
The fundraising, which comes amid a strong rally in the markets that has led to concerns overvaluation, will take about 6-9 months.
PTI
Edelweiss Financial Services | Representative Image.
Edelweiss Wealth Management is targeting to raise Rs 1,000 crore from domestic investors for its maiden equity-focused alternate investment fund (AIF), according to persons in the know. The fundraising, which comes amid a strong rally in the markets that has led to concerns overvaluation, will take about 6-9 months, and the company will target high-networth individuals (HNIs), family offices and institutional investors for investment commitments, the sources said. ....

Edelweiss Financial Services , Wealth Management , Edelweiss Dynamic Growth Equity , Edelweiss Wealth Management , Alternate Investment Fund , ஏதெல்வேஸ்ஸ் நிதி சேவைகள் , செல்வம் மேலாண்மை , ஏதெல்வேஸ்ஸ் மாறும் வளர்ச்சி பங்கு , ஏதெல்வேஸ்ஸ் செல்வம் மேலாண்மை , மாற்று முதலீடு நிதி ,