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Edelweiss arm looks to launch new credit funds in 2021 to tap demand

The short-duration credit fund, which will be an alternative investment fund, targets to raise Rs 2,000 crore

Topics
Edelweiss Alternative Asset Advisors | Edelweiss Group | Credit funds

Raghavendra Kamath  |  Mumbai 



edelweiss
The credit fund will be of four-year duration compared to seven to nine years for earlier funds. The new fund is expecting to give returns of 11-13 per cent against 17-20 per cent in previous funds

(EAAA), part of the Edelweiss group, is looking to launch a short-duration credit fund and a distressed fund this year to tap the demand for credit in the country.

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First Published: Mon, March 22 2021. 06:10 IST

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