Rs 2,000 Crore Raised By Edelweiss in Maiden Infra Fund

May 9, 2018

Recently, Edelweiss Financial Services has raised Rs 2,000 crore in Maiden Infra Fund. It has made a first close of its maiden fund to buy out infrastructure assets in India. This step is taken as rapid urbanization and push for sustainable development provide room to financial investors.

The fund was collected in a big way from domestic investors. Some of the domestic investors includes ultra HNIs, family offices and domestic financial institutions.

It is believed that the Edelweiss, though initially targeted to raise Rs 2,000 crore with an additional greenshoe option of Rs 4,500 crore, has completed the first tranche in record time.

It shows change in mindset of Indian investors towards high quality income generating alternative and long-term products. It was observed that participation from domestic financial institutions and HNIs was more than the figures expected. It shows that people are preferring institutionalized long-term investment vehicles rather than making bets on gold or real estate.
 

About nehanchal

I am Nehanchal. 3 years ago, I started my career as content writer at Money classic Research. I am fascinated with this job and I feel habit of reading and writing enhances your skills. I love to write technical and health blogs. However, I am engineer turned writer and pursued graduation at Rajiv Gandhi Prodyogiki Vishwavidhyalaya.
By: nehanchal

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