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Wed, 19 Jul 2017 | Times of India

IIFL Special Oppurtunities Fund - Series 2 mops up USD 216 mn

IIFL Special Opportunities Fund-Series 2, has garnered a commitment of around USD 216 million.

The fund was launched in May as a follow-up after the success of IIFL Special Opportunities Fund that raised USD 250 million. IIFL Special Opportunities Fund-Series 2 is a close-ended scheme under Category II Alternative Investment Fund (AIF). The fund seeks to generate long-term capital appreciation through investment in equity and equity-related instruments of to-be listed companies.