 "Anand Piramal, founder and a non-executive director at Piramal Enterprises")
Ajay Piramal-led Piramal Enterprises on Wednesday said it has set up an alternatives fund management business which will house all its partnerships with global funds like CDPQ, CPPIB, APG and others as well as its own subsidiaries.
The new company, Piramal Alternatives, will have assets worth Rs 11,000 crore under management.
Piramal has a joint venture with Canadian pension fund manager CPPIB to provide loan to property developers.
And, with CDPQ, it has a joint venture to give equity to developers.
Piramal has onboarded Kalpesh Kikani as chief executive officer (CEO).
Piramal recently won the
The new company, Piramal Alternatives, will have assets worth Rs 11,000 crore under management.
Piramal has a joint venture with Canadian pension fund manager CPPIB to provide loan to property developers.
And, with CDPQ, it has a joint venture to give equity to developers.
Piramal has onboarded Kalpesh Kikani as chief executive officer (CEO).
Piramal recently won the
