Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fund

Subahoo Chordia, a veteran in the Indian infrastructure industry and CEO, EAAA Alternatives ( formerly Edelweiss Alternative Asset Advisors) has quit the company and plans to set up his own infrastructure fund, said multiple people aware of the development.

Subahoo Chordia has been one of the key players behind the real assets and infrastructure platform at Edelweiss Alternatives, having built the infrastructure investment business from its early stages into one of India's largest alternative asset platforms.

EAAA Alternatives manages assets of around $7.3 billion as of 30 June 2025.


Incorporated in 2008, EAAA India Alternatives is one of the leading alternatives platforms in India, 15 years of experience of managing long-term patient capital with an AUM of ₹65504 crore as of September 30, 2025, according to the company.

Subahoo is responsible for product innovation, fundraising including deepening relationships with both domestic and global institutional investors and overall growth & management of real assets business vertical of the company, according to the company website.

Subahoo Chordia, who served as the CEO of EAAA alongside Amit, will step down from his executive responsibilities for personal reasons, whilst ensuring a smooth transition of responsibilities in the Real Assets strategy, said a company spokesperson. On Monday, EAAA India Alternatives announced the elevation of Amit Agarwal as the sole Chief Executive Officer.

Prior to joining EAAA Alternatives in 2017, Subahoo was associated with IDBI Bank Limited, and Axis Bank Limited (erstwhile UTI Bank Limited) and Edelweiss Financial Services Limited.

The EAAA infrastructure platform has two InvITs, Anzen India Energy Yield Plus Trust and Citius Transnet Investment Trust.

Under his leadership, Edelweiss successfully raised multiple infrastructure-focused funds, including the Infrastructure Yield Plus platform.

In 2024, the firm's second Infrastructure Yield Plus Fund raised over ₹8,000 crore—more than double the size of its predecessor—drawing commitments from domestic institutions, family offices, insurance companies and international investors.

During his tenure at Edelweiss Alternatives, Subahoo Chordia spearheaded several landmark transactions that significantly strengthened the firm's infrastructure and real estate portfolio.

Among the most notable was the ₹6,000-crore acquisition of L&T Infrastructure Development Projects from Larsen & Toubro and CPPIB, which brought a diversified portfolio of road and transmission assets under Edelweiss' platform and cemented its position as a leading infrastructure investor in India.

In addition to this marquee transaction, Chordia oversaw strategic investments across renewable energy, power transmission, and commercial office assets.

He was instrumental in setting up the wholly-owned subsidiary, Sekura India Management Limited (Sekura), part of its asset operating and management team, and proficiently supports its various business verticals, including operations, maintenance, monitoring, efficiency improvement, and turn around management.

Sekura Energy made multiple acquisitions to expand its renewable energy capacity to about 1 GW at present.

It had acquired 350-MW operational assets of O2 Power, developed for Rewa Ultra Mega Solar in Madhya Pradesh, at an enterprise value of Rs 2,000 crore in 2024.

In 2021, Edelweiss Infrastructure Yield Plus along with Sekura Energy had acquired 74% stake in the solar energy assets of Engie Group, in India.

According to a recent Reuters report, EAAA Alternatives plans to invest around ₹40000 crore in India's clean energy sector over the next four to five years, targeting around 8 gigawatts of projects through its funds.

The Transition Fund could raise up to $500 million, if needed, for investments in climate-focused initiatives such as renewable power generation and clean energy infrastructure, Reuters reported quoting Subahoo Chordia, EAAA Alternatives CEO.