ASK Asset and Wealth Management, an India-based wealth and asset management firm, has added hedge funds to its Alternative Investment offering through the launch of a new business vertical, ASK Hedge Solutions.
ASK says this strategic move aims to give clients an opportunity to “diversify their investments in ‘Risk Adjusted Return’ funds for augmenting long term wealth creation”.
ASK Hedge Solutions will be helmed by hedge fund veteran, Vaibhav Sanghavi, the former Co-CEO of Avendus Capital Public Markets Alternate Strategies, who has over two decades of experience and is one of the few fund managers to have successfully launched and managed a hedge fund under India’s Alternative Investment Funds (AIF) guidelines.
ASK plans to offer a range of hedge fund strategies including long-short funds that align with clients’
investment goals and risk tolerance in the current financial year.
ASK Group, a portfolio company of global Blackstone, the world’s largest alternative asset manager, recently launched its maiden Private Credit Fund.
