Chennai, Nov. 17 -- Artha Bharat Investment Managers IFSC LLP, licensed by the International Financial Services Centres Authority (IFSCA) to offer its platform to third-party fund managers.
With assets under management (AUM) exceeding Rs.7,000 crore (over $800 million), Artha Bharat is already in advanced discussions with five independent investment management teams who plan to use its platform to launch funds ranging from $5 million to $50 million, the company said.
Artha Bharat is one of the largest licensed fund management entities operating from India's International Financial Services Centre (IFSC) at GIFT City.
Under this innovative arrangement, Artha Bharat will provide the full regulatory infrastructure, fund administration, risk...