Debashish Bose, the managing director of public markets, spearheads the initiative with a strategy that has a target capacity of Rs 15,000 crore, OAKS said in a press note. ABC Portfolio stands for absolute return orientation, a basic approach of investing in emerging trends via a concentrated portfolio with around 15 names, according to Vivek Anand, founder & managing director of OAKS Asset Management.
“ABC Portfolio offers distinct diversification benefits to an investor’s equity allocation due to its absolute return orientation and approach based on macro trends,” he added.
According to Debashish Bose, India is transforming from a low-income to a middle-income economy on the back of geopolitical, technological, and social developments. “The ABC Portfolio seeks to capture trends strongly benefiting from this transition.”
OAKS Asset Management started in 2015 with a team comprising Debashish Bose, Vishal Ootam, Vivek Anand PS, Kenneth Serrao, and Sandeep Somani, focused on alternative investments.
The firm has been active in the mid-market private equity space since its inception and has successfully backed experienced entrepreneurs building mass-scale consumer businesses in India. The public markets offering is consistent with the firm’s philosophy of bringing strongly differentiated offerings to its target investor segment.