Edelweiss Financial Services’ subsidiary -- Edelweiss Alternative Asset Advisors (EAAA) will be acquiring two Funds of Milestone Capital Advisors – 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 Rs 150 crore.
Edelweiss is also absorbing the high quality investment team of these funds who bring over a decade of rich experience in Commercial Real Estate (CRE). Edelweiss Group currently manages customer assets of over $26 billion, of which EAAA, one of India’s largest alternative asset management platforms, has over $2 billion of assets under management.
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.
