Raising the bar

Alternate assets: The new cash cow for financial corporates

Even as private equity funds struggle to raise money, financial services firms—backed by their wealth management business and distribution strength—are growing their alternative asset management aggressively

03/09/18

Pooja Sarkar

Financial services firms are leveraging their wealth management business to raise capital for their alternate asset funds

These funds are launching new strategies at a rapid rate to raise capital from domestic and offshore investors

FinServ firms are now moving away from pure lending to fund strategies as it directly adds to their return on equity and increases profitability

With the rise of the alternate asset businesses of financial corporates, the lines are blurring for what constitutes a private equity fund business

pexels-photo-2105901.jpeg

Want to read a free 250 word summary?

Create an account

This is not a well-known story, so it bears telling. Five years back, in 2013, a global real estate fund decided to shut shop. Its partners, though, decided to stick around. With a plan to raise a Rs 300 crore ($42.8 million) residential fund. Over the next two years, they met investors across New York,…

To access this post, you must purchase Monthly Recurring, Quarterly or Weekly Product.

Read the full story. Subscribe to Premium.

Or subscribe. Why? Let us explain.

Subscribe now

Already Registered?

Related stories

More stories in /Analysis & /Business

See all in Business & Reportage

This story is for subscribers only.
Subscribe or Log In

Read the full story. Subscribe now.

Or subscribe. Why? Let us explain.

The selected story is available only for paid subscribers. Might want to change your mind!

Subscribe now

Already Registered? Login

Questions?

What is The Ken?

The Ken is a subscription-driven media site. We write one story a day (weekdays only). These stories have sharp, original insights on technology, business, science and healthcare from India.

Why do I have to sign up to read your stories?

Our stories are not free. Well, some select stories are. But, a significant part of what we write at The Ken is for subscribers only. We put in a lot of effort and resources in writing our stories and believe that you must pay for good journalism.
Hence, our three plans. 1) The annual membership
2) The free sign up
3) The recurring quarterly subscription

On journalism and why you should pay for it, if you haven’t already seen it, here’s a great explainer from John Oliver.

So, one must pay for journalism?

Yes.

How many stories will I get if I take an annual membership?

200+ stories.

And, in the free sign up?

Four stories every month.

Do I get a refund?

We allow you to sample our journalism for free before signing up, and after you do, we stand by its quality. But we do not offer refunds.

I am not getting my daily emails. Do I have to whitelist emails from The Ken?

An added benefit of your subscription (free/paid) are the daily personalised emails. These emails, at times, might end up in your spam/junk folder due to emojis, attachments or images. In case you’re not receiving these emails, it might help to whitelist us. If the problem still persists, write to us at [email protected].

Why am I unable to access the archives?

Full and unrestricted access to our archives is a feature of our annual membership.

My payment is not going through, what can I do?

Please write to us at [email protected] detailing the payment error or queries.

See all FAQs

    See all results for Ken

    No results found for Ken.