IIFL Income Opportunities Fund raises $116M, commits $46M

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India Infoline (IIFL) group has raised Rs 627.90 crore ($116 million) in a domestic alternative investment fund christened India Infoline Income Opportunities Fund (IIFL IOF), for investments in debt-related asset classes, a top company executive told VCCircle.Launched as a category II fund under the new Alternative Investment Fund (AIF) guidelines ......