PAG, one of the world’s largest Asia-focused investment groups, and Edelweiss Group, India’s leading diversified financial services conglomerate,announced PAG’s strategic investment of approximately USD 300 million (~ INR 22 billion) for a 51% stake in Edelweiss Wealth Management (EWM), the second largest non-bank wealth management business in India. This partnership will result in unlocking value for shareholders and accelerating business growth, powered by PAG’s capital, business expertise and global experience.
Edelweiss Financial Services advised the seller on this transaction.
Edelweiss Financial Services
Advised in the sale of
Edelweiss Wealth Management (EWM), 51% stake
to