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InCred Alternatives Investments has launched its long short fund - InCred Liquid Alternative Fund-I, an open ended category III AIF. The fund aims to raise commitment of over Rs.1000 crore.
The fund will follow quant approach to generate risk-adjusted returns over the medium to long term. Rishi Kohli will manage the scheme.
In a press release, Bhupinder Singh, Founder & Group CEO of InCred, said, “The launch of our first long-short fund will be followed by other quant strategies from the InCred stable.”
Rishi Kohli, Managing Partner & CIO - Hedge Fund Strategies – InCred Alternative Investments said, " This is our first long-short fund based on a quantitative model-driven approach with a blend of futures long-short, relative value and index strategies across various time horizons - this combination of strategies is unique in the market. The fund aims to provide investors an exciting alternative to debt funds.”