Edelweiss Infrastructure Yield Plus Fund managed by Edelweiss Alternative Asset Advisors has started the second phase of fundraising. It has already raised US$ 350 million in May and is expected to raise US$ 350 million more and close the fund at USD 750 million. The fundraising is expected to be completed by December 2019. 

The fund is in communication with global pension funds, insurance companies, and endowment funds to raise US$ 350 million and invest it in Road and Energy Assets in India. The assets will be acquired through Sekura Roads and Sekura Energy backed by Edelweiss Infrastructure Yield Plus Fund. Sekura energy has acquired two operating power transmission assets from Essel Infraprojects — namely Darbhanga-Motihari Transmission and NRSS XXXI. Sekura Roads had acquired two annuity road assets from Hyderabad-based Navayuga Group.