Edelweiss Alternative Asset Advisors currently manages seven funds catering to global and domestic investors. Mumbai: Edelweiss Alternative Asset Advisors Ltd, a unit of the Edelweiss group, on Wednesday said it had achieved the targeted base offering size of Rs2,000 crore for its infrastructure sector focused fund—Edelweiss Infrastructure Yield Plus Fund. The fund aims to raise another Rs4,500 crore via a green shoe option in the next 12 months, the company said in a statement. “Our core objective is to eliminate execution risk and buy good quality revenue generating operating assets. We have actively started evaluating opportunities to acquire operating Infrastructure assets,” said Chordia, fund manager, Edelweiss Infrastructure Yield Plus Fund.

Source: Mint May 09, 2018 16:07 UTC