Press Releases2016

Oct 13, 2016
Essel Finance's ASSET-1 achieves milestone of 25% Pay-out

Essel Finance's ASSET-1 Fund has successfully made 19 payouts of gross value of Rs.53 crores to its investors, achieving the target milestone of paying back 25% of the invested amount. The achievement of ASSET-1 fund is the result of a focused investment approach to providing secured debt financing to approved Residential projects in top 5 cities. Following efficient Fund Management Practices and striving for healthy returns through periodic returns to investors have been the key drivers for the fund.

Abhinav Bhushan, Head of the company's Private Equity fund business, believes that due to good performance now the Private Equity Business can focus on bigger fund mobilizations for its next two funds planned in this financial year.

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