Piramal Alternatives planning to raise $1.5 billion to invest in local high-yield companies.

Piramal Alternatives, a division of the Piramal Group headed by CEO Kalpesh Kikani has set a target to secure $1.5 billion, for investments, in credit within India’s high-yield companies.

Among the four funds are the India Resurgence Fund.

the Managing Director and CEO of Piramal Alternatives.