IIFL Wealth raises $115m for maiden alternatives fund
IIFL Wealth Management, a division of financial company India Infoline, has received commitments of INR6.2 billion ($115 million) for its IIFL Income Opportunities Fund.
The fund will invest in debt and debt-related instruments issued by corporate groups and will be secured against quality assets and structured to provide periodic cash flows, the company said in a statement....
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