News From Press UTI Capital’s alternative investment fund mops up ₹480 crore via debt plan

UTI Capital’s alternative investment fund mops up ₹480 crore via debt plan

Source: Business Line Nov 24, 2017

UTI Capital Pvt Ltd, the wholly-owned Category-II alternative investment company of UTI Asset Management, has raised ₹480 crore through its first UTI Structured Debt Opportunities Fund-1.

Target corpus: ₹750 cr

The UTI’s Debt Opportunities Fund was launched with a target corpus of ₹750 crore with a greenshoe option (to retain additional subscription) of ₹250 crore.

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