Equentis to launch Rs.1,000-Cr debt fund
Mumbai-based Equentis Wealth Advisory Services Ltd is looking to launch an INR 500-1,000 crore category II debt fund, focussing on tier I and tier II markets.The debt fund will complement the firm’s recently launched INR 500 crore equity alternative investment fund (AIF).Equentis has around 50,000 clients and actively manages around INR 3,000 crore of funds. Its clients invest anywhere between INR 10 lakh and INR 50 lakh.
Want to receive such news items in your inbox? Click Here to sign up for a trial.