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Venture Capital | 12 October 2012

Azure Capital Launches India Realty Fund II

by Paritosh Gajjar
Azure Capital Launches India Realty Fund II
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Realty PE Azure Capital Advisors launched a rental yield fund after India Realty Fund I, the India Realty Fund II (IRF2).

It would be raising R5 Bn for the same (initial R2.5 Bn with a greenshoe option of another R2.5 Bn) and would be investing in commercial properties across the top seven cities of India.

Funds would be raised completely from domestic investors and it will have a life of 4 + 1 years with a target to raise the entire corpus within 9 months from the first close.

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