In an interview with The BusinessLine, Soumya Rajan, the founder and CEO of Waterfield Advisors, stated that the company is raising a $250 million Fund-of-Funds and hopes to close the first one in the next four to six weeks.
As their own family office, Waterfield works only on behalf of its clients to assist them in the planning, structuring, and management of their wealth. The company manages more than 100 family offices in India and provides advice on investments worth more than $4 billion, as per reported by Indianweb2.
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The company wants to work with international investors, especially NRIs who are considering India, and it wants to meet the offshore demands of its domestic clientele.
In an effort to test novel philanthropy approaches that have an impact and could result in game-changing tactics, Waterfield established its own charitable foundation last month.
About Waterfield Advisors
Waterfield Advisors is a globally recognized independent Indian Multi-Family Office. We are registered with SEBI as Investment Advisors and work with family-owned businesses, trusts and endowments and single-family offices in several investment and non-investment-related areas.