India: Old Bridge Capital to launch first Category 3 AIF of $62m

India: Old Bridge Capital to launch first Category 3 AIF of $62m

Old Bridge Capital Manager, an asset management firm founded by Kenneth Andrade, former chief investment officer of IDFC Asset Management Co., is launching a public markets focused alternative investment fund (AIF), targeting a corpus of Rs400 crore. This is Old Bridge’s maiden AIF. The firm, which started its portfolio management service in 2016, manages over $200 million in assets and has around 700 clients.

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