Pacific Alliance Group to take majority stake in Edelweiss Wealth Management

Pacific Alliance Group to take majority stake in Edelweiss Wealth Management

Asia-focused investment group Pacific Alliance Group (PAG) has signed a deal worth $300 million with Indian financial services firm Edelweiss Group to acquire a stake of 51% in its wealth management business, which operates as Edelweiss Wealth Management (EWM). Claimed to be the rank two among the non-bank wealth management businesses in India, Edelweiss Wealth […]