Private Equity

Fund News

Edelweiss Alternatives raises Rs.8,000-Cr for infra fund

Economic Times  

Edelweiss Alternatives, the alternatives asset management arm of Edelweiss Group, has raised over INR 8,000 crore for its second infrastructure fund, more than double the amount raised for the debut fund.Edelweiss Alternatives Infrastructure Yield Plus II raised the capital from both domestic and offshore investors. It had raised INR 3,300 crore for its debut infra fund in 2020.Edelweiss Alternatives manages several funds spanning performing credit (corporate and real estate), special situations and real assets (infrastructure yield and commercial real estate), with total assets under management of about USD 6.3 Billion.