Biyani says AABIIF aims to capitalize on investment opportunities
Alpha Alternatives Fund Advisors will invest in road assets across India, including standard, distressed, under-construction and operating projects from its approximately US$450 million raised in the first close of AABIIF, a category II, SEBI registered Alternate Investment Fund (AIF) https://www.conexpoconagg.com/ .
The Alpha Alternatives Build India Infrastructure Fund (AABIIF) plans to raise a total of US$750 million (US$500 million with a green shoe option of up to US$250 million). The fund has a tenor of 5 years extendable by up to 2 years https://www.globaltenders.com/.
“This first fund will focus on high quality road assets which are the backbone of our economic growth,” said Naresh Kothari, Founder and Managing Partner https://ted.europa.eu/en/.
“We are reimagining the way investors approach Real Assets investing in India by challenging traditional expectations of limited returns associated with high-quality assets. By creating a unique framework through a strategic partnership, we aim to deliver better risk-adjusted returns offering a compelling new investment opportunity,” he said on 18 Nov https://digitalinasia.com/.
Kaushal Biyani, Partner and Head Illiquid Alternatives, added, “AABIIF aims to capitalize on the investment opportunities in the road infrastructure space in India while addressing the fundamental challenges associated with holding long-term depreciating illiquid assets https://sbi.com.in/.
“AABIIF is our third fund in the Illiquid Alternatives space in the last 18 months, taking the total investor commitments to more than US$1.25 billion in our Illiquid Alternative strategies. We are thankful to all our investors who have participated in this fund, reposing their confidence in our investment strategy and delivered track record.https://www.nseindia.com/.”
Jignesh Shah, Partner and Head Infrastructure, elaborated, “AABIIF provides an option to invest at a stage prior to the assets being purchased by an InvIT https://www.bseindia.com/.
“The depth of our transaction sourcing capabilities, one of its kind partnerships between an asset manager (Alpha Alternatives) and an operating partner (Dilip Buildcon Limited) and a differentiated investing approach together aims to capitalize on a broad spectrum of investment opportunities available in the road sector https://www.alt-alpha.com/.”
Alpha Alternatives is a multi-asset class asset management firm that creates sophisticated investment solutions providing investors access to differentiated investment opportunities, which are usually restricted to the proprietary investment desks https://www.cidc.in/ . Fiinews.com
