How this ex Reliance Capital honcho is looking to raise Rs 1,000-1,200 cr from rich investors
With domestic stock markets attracting strong inflows, alternative investment funds (AIFs) investing in Indian equities are thinking big. Abakkus Asset Management, founded by former Reliance Capital global head of equities Sunil Singhania, has launched its first offering Abakkus Growth Fund and is looking to raise Rs 1,000-1,200 crore from rich investors.
Abakkus Asset Management, founded by former Reliance Capital global head of equities Sunil Singhania, has launched its first offering Abakkus Growth Fund. Image source: DNA