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Allianz invests $200 mn in Edelweiss’ stressed assets fund
short by Shruti Maria Mahendar / on Tuesday, 12 February, 2019
Mumbai-based financial services group Edelweiss on Monday said German insurer Allianz, through its arm Allianz Investment Management, has invested over $200 million in its private debt platform. This is the first private-debt commitment by Allianz in India's stressed assets segment. Edelweiss is also looking to raise about ₹4,500 crore from institutional investors for its infrastructure fund.
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