Launch of IIFL India Equity Opportunities Fund (UCITS Fund Based in Luxembourg)

MUMBAI, India–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AnupMaheshwari?src=hash” target=”_blank”gt;#AnupMaheshwarilt;/agt;–IIFL Asset Management (IIFL AMC) is pleased to announce the launch of
its first Luxembourg domiciled UCITS Fund, IIFL India Equity
Opportunities Fund (‘IIFL Fund’) by virtue of merger of Ashburton India
Equity Opportunities Fund into IIFL Fund. Pursuant to this, IIFL Fund
has commenced its operations with $75mn in assets under management,
effective January 29, 2019, with IIFL Capital Pte. Ltd., Singapore being
its Investment Manager.

Anup Maheshwari, Joint-CEO and CIO, IIFL Asset Management, said, “I
am confident that Jonathan’s investment style of investing in high
conviction stocks with a strong focus on quality will continue to
resonate with International Investors. It is very complementary to the
overall investment philosophy at IIFL AMC as well.”

Jonathan Schiessl, Fund Manager, said, I am very
excited to continue managing the merged IIFL Fund under IIFL AMC. With
IIFL AMC and its deep understanding of the Indian market, I am confident
that clients of the IIFL Fund will benefit immensely.”

The IIFL Fund is registered for sale in UK, Switzerland, Finland,
Norway, Luxembourg, Singapore and South Africa. Further information can
be found on https://www.iiflamc.com/international

About IIFL Asset Management Business

IIFL Asset Management (IIFL AMC) is part of IIFL Investment Managers.
IIFL Asset Management refers to licensed asset management activity
carried out by IIFL Investment Managers through its group companies
based in Singapore, India and Mauritius. IIFL AMC is an asset management
firm, launched with an objective of providing differentiated investment
products suited for the market environment. The AMC’s differentiated
suite includes mutual funds, Portfolio Management Services, advisory,
alternative investment funds spanning across public and private
equities, fixed income securities and real estate. Its distinctive
products bring out the entrepreneurial edge, agility and speed of
execution of a boutique asset management firm.

About IIFL India Equity Opportunities Fund

IIFL India Equity Opportunities Fund, is a sub-fund of IIFL Fund, a
UCITS in the form of an open-ended investment company (société
d’investissement à capital variable
) incorporated as a société
anonyme
, domiciled in Luxembourg, structured as an umbrella fund
comprising multiple sub-funds. IIFL Capital Pte. Ltd. (an asset
management company based in Singapore) is the Investment Manager to IIFL
India Equity Opportunities Fund.

Contacts

Anil Mascarenhas
Senior VP – Communications
Email: Anil.mascarenhas@iiflw.com
Mobile:
+91 99675 76026