360 Realtors partners with Rising Straits Capital for 100 cr Real Estate Fund ANI | Updated: Dec 21, 2020 18:46 IST
New Delhi [India], December 21 (ANI/Digpu): India s leading Real Estate advisory 360 Realtors has entered into a partnership with Rising Straits Capital, a leading Real Estate Private Equity (PE) firm to launch a Real Estate dedicated Alternate Investment Fund (AIF).
The newly formed entity is named 360 Rising Straits Management Pvt Ltd which shall act as the Investment Manager of the Fund. 360 Rising Straits is eyeing to raise INR 100 Crores from HNIs, NRIs, and other domestic investors. The AIF will provide last-mile funding and purchase real estate inventory in bulk in stressed real estate projects. The Fund is being distributed by leading wealth managers and investment bankers.
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