Edelweiss Alternative Asset Advisors, an arm of India-based financial group Edelweiss, has reached a first close for Edelweiss Infrastructure Yield Plus Fund with INR20 billion (approximately US$297 million) in capital commitments. Investors in the fund include India-based institutions, family offices and high-net worth individuals, as well as several international investors. The fund, which is targeting INR65 billion (approximately US$966 million) in total commitments, will invest in operating assets in the transport, renewable power generation and power transmission sectors. The average ticket size will range from US$30 million to US$50 million.