The Edelweiss Group has launched an alternative investment fund that will invest in companies looking to go public in the near-term and is targetting to raise a corpus of Rs 1,750 crore for the fund.
The Edelweiss Crossover Opportunities Fund comes at a time when the IPO market has gathered pace and companies from a wide range of sectors intend to go public in the near-term, opening up new investment opportunities.
