Investcorp manages about $22.5 billion of assets across PE, real estate, special situations and credit. IDFC Alternatives last launched a real estate fund in 2016, its third, raising ₹760 crore from domestic investors. Its first fund, IDFC Proprietary Office Fund, of ₹700 crore had been raised in 2011-12. In 2014, it had raised the ₹750 crore IDFC Real Estate Yield Fund. Within real estate, they have done well on real estate backed lending.
Source: Mint June 12, 2019 16:52 UTC