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BRIEF-Avendus Wealth Management launches Avendus Phoenix Fund
September 11, 2017 / 7:00 AM / 14 days ago

BRIEF-Avendus Wealth Management launches Avendus Phoenix Fund

Sept 11 (Reuters) - Avendus :

* Avendus Wealth Management launches Avendus Phoenix Fund; new fund received SEBI nod

* Avendus Phoenix Fund is a closed ended fund with a minimum investment of INR 10 million Source text - (Avendus Wealth Management Pvt. Ltd., the wealth management arm of Avendus Capital, has announced the launch of its first Category III AIF, Avendus Phoenix Fund. This is a closed ended fund with a minimum investment of INR 1 crore. The fund will be managed by an expert team led by Aniruddha Naha, Director- Equities, Avendus Wealth. The new fund has received approval from Securities Exchange Board of India (SEBI).)

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