044-28569853/849044-28510040
A 5-year close-ended fund investing in high yielding debentures and mezzanine securities1 of Indian entities involved with real estate, logistics, hotels and healthcare businesses.
~70%-75%2: Focused on self-liquidating residential real estate projects
~25%-30%2: Special situation deals backed by commercial assets/ other physical collaterals
Fund seeks to make regular pay-outs to investors based on individual deal structures
Selectively focuses on de-stressing/ de-bottlenecking identified assets/ corporate situations
Estimated Cash Cover: ~1.5x to 2.0x
Estimated Hard Asset Cover: ~1.5x to 2.0x
Predominantly South India – Tamil Nadu, Karnataka, Telangana,Kerala, Andhra Pradesh
Opportunistic investments inMaharashtra and NCR
~INR 50-75 crores for 3-4 years
Listed/ Unlisted investments
Non-Convertible Debentures
Mezzanine (including warrants, CCPS)
Downside protected investments
Multi-layered secured security structures
1Investment in securities is a function of structure, environment and the availability of the deal.2This is an estimate only and is subject to market conditions.
Disclaimer: Investments in AIF are subject to various risks viz. market risk, credit risk, investment risk, etc. and subject to various forces and factors for which the AMC has no control. This is for information purposes only and not a complete disclosure of every material fact, and terms and conditions. It does not constitute a prospectus or information memorandum or an offer to buy any securities or other investments. Please read the fund documents carefully before investing.
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