IIFL AMC plans to raise $500 million for first structured credit fund2 min read . Updated: 02 Oct 2018, 01:25 AM IST
IIFL AMC has hired Pranob Gupta and Abhinav Jain to lead the structured credit business
Mumbai: IIFL Asset Management Co. Ltd, a part of the wealth management business of IIFL Group, plans to raise at least $500 million for its maiden structured credit fund, said a top company executive. The company has also hired two officials, including one from private equity firm KKR and Co. Inc., to lead the structured debt business.
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