The company said in a statement that some existing investors as well as several new family offices have participated in the current round of investment.
Alpha raised its first round of capital in 2020, when it secured an investment of Rs 115 crore by selling a minority stake to a group of investors.
The funds will be used for expansion of business across asset classes, said Naresh Kothari, Managing Partner at Alpha Alternatives. “We are grateful for the trust placed by our customers in our business and team. For our business, the greatest recognition is when our strategies include long-term investors who also actively and repeatedly invest in our company. We Will use our capital to expand our leadership in full returns and commodities; grow our credit and volume investments as well as our international presence; and seed new asset classes such as fixed income and real assets. We offer 14 exceptional Looking forward to adding new partners to our already remarkable team of partners,” he said.
Founded in 2013, Alpha Alternatives is a leading multi-asset class alternative asset management platform. The company has multiple strategies in absolute-return, credit, commodities, value and quant-driven equities and fixed income.
“Alpha is a unique asset management platform. They are considered leaders in the space, pushing the boundaries of performance, risk management, transparency and fairness for investors. We have been partnering with Alfa since their early days and will continue to grow.” Excited about the journey.” Abhishek DalmiyaA major investor in Alpha Alternatives.
Used to work with the co-founder of the company, Naresh Kothari edelweiss last.