 "Real estate, construction, labour")
Actis, the UK-based fund manager, wishes to launch a $500 million (Rs 3,500 crore) India-focused real estate fund this year, said sources in the know. This would be the first India-focused real estate fund launched by any global fund manager since US-based JP Morgan raised one in 2014.
It would be the second fund raising by Actis after acquiring the Asian real estate portfolio of Standard Chartered Private Equity for about $700 million last year. It raised around $600 million from investors to buy the portfolio from Standard Chartered.
“Though Brookfield and Blackstone have raised funds for real
It would be the second fund raising by Actis after acquiring the Asian real estate portfolio of Standard Chartered Private Equity for about $700 million last year. It raised around $600 million from investors to buy the portfolio from Standard Chartered.
“Though Brookfield and Blackstone have raised funds for real
