Edelweiss amasses Rs.2,000 cr infra fund

    infrastructure sector
    In a major boost to infrastructure financing, Edelweiss Alternative Asset Advisors, a unit of the Edelweiss group, recently achieved the targeted Rs.2,000 crore funds for infrastructure sector, said chief executive, global asset and wealth management, Nitin Jain, adding that the fund aims to generate another Rs4,500 crore via a green shoe option in the next 12 months. The company strategy is built around an internationally proven model where infrastructure developers/contractors monetize the operating asset by selling them to funds/investors in order to release capital and helping them reduce stress on over-leveraged parent balance sheet. He further added that over the last couple of years, there is a huge uptick in the demand for products offering higher risk-adjusted yield from the group’s investors, and the fund aims to cater to this specific requirement.
    CURRENTLY ONLINE
    We have 306 guests and no members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week