Edelweiss raises $900 mn for structured credit fund

Date posted: Tuesday 20 October 2020

Edelweiss Alternative Asset Advisors (EAAA), part of Edelweiss Asset Management (EAM) said it has achieved the final close of its $900 million ( ₹6,600 crore) alternative investment fund – ESOF III. The third in the Special Opportunities Series, ESOF III was launched with an investment mandate centered around the performing credit space with a focus on providing structured credit to Indian companies, the company said in a statement.

(Live Mint)