Neo Alternative Asset Managers to Launch INR 2,000 Crore Realty Fund with Walton Street Veterans
Domestic Credit Focus for Neo Alternative Asset Managers Amid Global Uncertainty
Bengaluru: In an era of heightened global geopolitical tensions, foreign investors are becoming increasingly cautious. However, Neo Alternative Asset Managers is bucking this trend by doubling down on domestic credit. The firm plans to raise ₹1,500-2,000 crore for its maiden real estate fund, a significant move that underscores its commitment to the domestic market.
The category-II alternative investment fund (AIF) will focus on providing credit to residential real estate developers across tier 1 and tier 2 cities. This strategic decision is expected to help the fund tap into the growing demand for housing in these regions.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors may consider Neo Alternative Asset Managers' maiden real estate fund for potential returns.
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