VC Fund Investments
Asset management firm Alpha Alternatives raises Rs.130-Cr
Former investment banker Naresh Kothari promoted multi-asset management platform Alpha Alternatives has raised INR 130 crore as equity capital from existing investors and several marquee family offices. With assets under management of INR 5,500 crore, the AMC is looking to use the capital to expand into new sectors such as fixed income and real estate. Founded in 2013, Alpha Alternatives is a multi-asset class alternate asset management platform which has multiple strategies across absolute-return, credit, commodities, value and quant driven equities, and fixed income. In the first round of fundraise two years ago, Alpha Alternatives had raised INR 110 crore.
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