On 13 August 2018Edelweiss Alternative Asset Advisors, a subsidiary of Edelweiss Financial Services announced today that it will be acquiring two funds of Milestone Capital Limited- Milestone Opportunities Fund 10 and Milestone Commercial Advantage Fund. Both funds are SEBI Registered Category II Alternate Investment Funds with a combined AUM of over INR 150 crores. Presently, the Group manages customer assets of over USD 26 billion and focuses on credit opportunities in India catering to global and domestic investors across illiquid strategies including infrastructure, distressed assets, collateralized credit and real estate.
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