Venture Intelligence (TSJ Media Pvt. Ltd.)
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Alchemy Capital to launch hybrid AIF by early FY24
Investment management firm Alchemy Capital Management plans to launch a hybrid alternative investment fund (AIF) in early FY24. The fund will invest partly in listed company shares and also in relatively mature unlisted companies. The fund is looking at about 25-27 high-quality smaller mid-sized businesses in sectors such as electric vehicles, capital goods, engineering components, and speciality chemicals, healthcare, pharmaceuticals and financial services. The firm, which has assets under management (AUM) of INR 6,600 crore hopes to raise upwards of about USD 100 million offshore next year.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.