McCann FitzGerald advised Birla Sun Life Asset Management Company on the launch of its Irish UCITS umbrella fund platform. Birla Sun Life AMC is the first Indian asset manager to launch a UCITS fund in Ireland. The Irish UCITS platform offers two Indian equity funds, each of which will invest primarily in Indian large and mid cap companies and will help European investors gain exposure to Indian equities. Birla is targeting to raise upwards of $200 million for the two funds in their first year of operation.
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Fund/Investment Management
Industry
Fund/Investment Management
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Banking & Finance