About Athena Investments
Athena’s activities include operation of renewable energy plants and the focus on two technologies, wind and solar power. The firm aims to deliver a stable stream of dividends to its shareholders over the long-term.
Latest Athena Investments News
May 8, 2023
Trust Group launches alternative investment fund to raise ₹1,000 cr-Business Journal Share post: Trust Group, a full-service monetary home, has introduced the launch of its second scheme below Athena Investments, a class III Alternative Investment Fund (AIF), that plans to raise ₹1,000 crore within the first 12 months and is an open-ended long-only fairness AIF. The AIF is concentrated on bettering fairness returns through the use of a core-satellite strategy to investing, and the core portfolio ought to comprise secular progress companies which have pristine financials and shareholder-focussed administration to generate constant compounding returns, stated the corporate. “The EEF is our second offering, which helps clients invest in a long-term portfolio of quality companies, while using proprietary strategies in the F&O space to generate alpha. The plan is to raise ₹1,000 crore in the first year. This is an open-ended fund, and we will be accepting subscriptions until we believe that the expected returns are not compromised due to investment velocity,” stated Vineet Bagri, CEO, who will handle Athena Investments AIF. He was the Managing Partner of Trust Plutus Wealth (India) Pvt Ltd and has over 24 years of expertise throughout banks, NBFCs and advisory. The fund has no lock-in and no exit load, with a month-to-month exit choice for traders. The goal of this fund is to generate an alpha of three per cent over the long-only fairness portfolio. EEF’s investment universe is the highest 200 listed corporations by market capitalisation. Portfolio weights and positions might be actively managed. The AIF is suggested by an advisory committee that cumulatively has greater than 100 years of investing expertise. The fund goals to raise capital from resident and non-resident Indians, excessive net-worth people (HNIs), banks, accredited traders, corporates, and trusts. The fund is at the moment open for subscription and the primary supply interval ends on May 5, 2023; after which the fund will settle for subscriptions each month, three days prior to month-to-month choices expiration. SHARE
Athena Investments Frequently Asked Questions (FAQ)
Where is Athena Investments's headquarters?
Athena Investments's headquarters is located at Harbour House, Copenhagen.
What is Athena Investments's latest funding round?
Athena Investments's latest funding round is Acq - Fin.
Who are the investors of Athena Investments?
Investors of Athena Investments include Fidim.
Who are Athena Investments's competitors?
Competitors of Athena Investments include Adani Green Energy and 4 more.
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