The Mumbai-based company, earlier known as Edelweiss Asset Management, has raised about ₹16,000 crore so far and is currently investing out of its third fund under the Crossover Opportunities banner, for which it has secured commitments of nearly ₹4,000 crore so far.
In an interview, Pranav Parikh, managing partner and head of private equity at Nuvama Asset, said the company remains cautious post last year's economic uncertainties and macro headwinds. But now, he believes the risk-reward of its investments has turned favourable. Parikh also spoke about the slowdown in dealmaking, investment returns, and the thesis for its latest bets. Edited excerpts
Has Nuvama's investment strategy evolved? Has it identified new investment opportunities or refined its criteria for selecting companies?
Bu hikaye Mint Mumbai dergisinin June 30, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin June 30, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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