Shaan Patel Asset Management launches Rs 250 crore Quant IPO Opportunity Fund under Category III AIF

Shaan Patel Asset Management has launched a Rs 250 crore Quant IPO Opportunity Fund under the Category III AIF route. The fund aims to tap opportunities in India expanding primary market by investing in mainboard and SME IPOs through anchor and QIB allocations. The strategy will be quantitative in nature, backed by AI, data analytics and proprietary research.