Local PE firm, hedge fund among anchor investors in Spandana Sphoorty’s IPO

Hyderabad-based microlender Spandana Sphoorty Financial Ltd has attracted prominent domestic and foreign investors, including a private equity firm and a hedge fund, as anchor investors ahead of its initial public offering that begins next week. These investors include Edelweiss Alternative Asset Advisors Ltd, the private equity arm of Edelweiss Financial Services; ......