EAAA India Alternatives Limited, formerly Edelweiss Alternative Asset Advisors Limited, was incorporated in Mumbai in 2008 and renamed in August 2024. The company operates an alternative investment platform in India with more than 15 years of experience. As of September 30, 2024, it managed assets under management (AUM) of ₹572.62 billion.
The company follows a diversified, multi-strategy approach focused on alternative asset classes and income- and yield-oriented solutions. Its two principal business strategies are Real Assets and Private Credit. Real Assets invests in infrastructure and commercial real estate with low counterparty risk and long residual tenures. Its sub-strategies include infrastructure yield, commercial real estate, perpetual capital and energy transition. The portfolio included 1.74 million square feet of office space, 3,477 lane kilometers of roads, 1,835 circuit kilometers of transmission lines and 1.28 gigawatts of solar assets.
Private Credit provides financing to corporates, projects and sponsors that may be underserved by traditional banks, including for stake enhancement, last-mile financing and turnarounds. Its sub-strategies comprise performing credit, special situations, real estate credit and core credit. As of September 30, 2024, this business had 167 investments and 96 exits since inception. The company has raised capital through multiple funds, including more than ₹8,000 crore for Infrastructure Yield Plus II in 2024 and over ₹9,500 crore from the local market in 2023.
Its clients include institutional investors, pension funds, insurance companies, family offices and HNIs/UHNIs across India, North America, Europe and other regions. Institutional clients contributed approximately 54.83% of AUM, with the balance from family offices and HNIs/UHNIs. The company plans to raise ₹1,500 crore through an initial public offering comprising an offer for sale of equity shares with a face value of ₹5 each.
