Investcorp raising up to $300 mn for maiden India fund - News Summed Up

Investcorp raising up to $300 mn for maiden India fund


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



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