Sundaram
Alternates launches Rs 1,500 cr realty fund
Sundaram Alternates launches a Rs 1,500 crore real estate private credit fund.
Chennai-based Sundaram Alternates has launched its fourth high-yield credit fund.
Aiming to raise Rs 750 crore with a green shoe option of the same value.
Taking the targeted size to Rs 1,500 crore. The focus of the fund will be on sub-Rs 100 crore deals.
Taking the targeted size to Rs 1,500 crore. The focus of the fund will be on sub-Rs 100 crore deals.
With the aim of delivering gross deal returns ranging between 18% and 22% on a senior secured basis.
With the aim of delivering gross deal returns ranging between 18% and 22% on a senior secured basis.
The new fund seeks to raise Rs 750 crore with a green shoe option worth Rs 750 crore.
The new fund seeks to raise Rs 750 crore with a green shoe option worth Rs 750 crore.
Sundaram Alternates has so far deployed over Rs 2,000 crore over the past seven years.
Sundaram Alternates has so far deployed over Rs 2,000 crore over the past seven years.
Visit Website
Sundaram Alternate Assets, a 100 per cent subsidiary of Sundaram Assets Management Company.
Sundaram Alternate Assets, a 100 per cent subsidiary of Sundaram Assets Management Company.
Visit Website