Alchemy Capital Management Private Limited, one of India’s pioneer Portfolio Management Services provider, has announced the launch of a new CAT III AIF scheme, ‘Alchemy Emerging Leaders of Tomorrow’, with a tenure of 4 years and is targeting a corpus of Rs. 500 crores and more. This new fund is launched with an aim of enabling investors to capitalize on the immense growth potential of small and midcap companies that emerge as a leader.
With a portfolio of 20-25 stocks that will be sector agnostic, the Fund will focus largely on small and midcap funds, about 65% allocation. The portfolio will also include investments in large caps and about 10% in IPO opportunities or any other instruments permitted by applicable laws. The scheme aims to raise investments from Resident Indians, NRI, HNI, Hindu undivided Family (HUF), Banks, Bodies Corporate, Partnership Firm, Accredited Investors & Trusts, seeking long-term wealth creation with high growth prospects.
Commenting on the launch of this new fund, Mr. Hiren Ved, said “Picking winners from the small and mid-cap space is both challenging and exciting, and we want to give investors and family offices the platform to bet on the next set of leaders across a wide range of sectors.”
