Edelweiss eyes first close of credit fund at up to $700m

Edelweiss eyes first close of credit fund at up to $700m

Venkat Ramaswamy, executive director of Edelweiss Financial Services and co-head at Edelweiss Global Investment Advisors. Photo: Livemint.com

Financial services focused Edelweiss Group is eyeing the first close of its latest alternative investment fund, Edelweiss Special Opportunities Fund (ESOF) III, at $600-700 million by December-January, Venkat Ramaswamy, executive director of Edelweiss Financial Services Ltd and co-head at Edelweiss Global Investment Advisors, said in an interview.

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