Hedge fund by porinju
Posted: Wed Jun 21, 2017 5:31 pm
Porinju has got a license to start indian equivalent of US hedge fund . Minimum ticket size is 1cr. and open ended. Any idea what are the targeted returns of this launch?
Appears to be a high risk high reward sort of structure. Returns will have to be targeted higher than the PMS. Porinju said he is expecting to raise a minimum of Rs. 500 crore. Can be very difficult to outperform at this stage of the market.valuepicker wrote:Porinju has got a license to start indian equivalent of US hedge fund . Minimum ticket size is 1cr. and open ended. Any idea what are the targeted returns of this launch?