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The Economic Times
The Economic Times

Shaan Patel Asset Management launches Rs 250 crore Quant IPO Opportunity Fund under Category III AIF

IPO Anchor India QIB SEBI

Shaan Patel Asset Management (SPAM), a Sebi-registered Category III Alternative Investment Fund (AIF) manager, has launched its Quant IPO Opportunity Fund, aiming to raise Rs 250 crore to capitalise on opportunities in India's growing primary market ecosystem.

A Category III Alternative Investment Fund (AIF) is a type of pooled investment vehicle regulated by the Securities and Exchange Board of India that employs diverse or complex trading strategies and may use leverage, including investments in listed and unlisted securities.

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