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India’s Edelweiss raises US$900m for special situations fund

Edelweiss has raised around US$900 million for its special opportunities fund that provides structured credit to Indian companies at a time when the COVID-19 pandemic weighs on the country’s economic growth. Edelweiss Alternative Asset Advisors, part of Edelweiss Asset Management, closed the fund-raise of its third alternative investment fund — ESOF III which the firm said had generated “strong investor…

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