Motilal Oswal raises Rs 500 cr fund
Motilal Oswal Private Equity, an India-focused risk capital firm, is raising a Rs 500-crore real estate fund that will invest primarily in residential projects.
This comes at a crucial time as private equity investments in the Indian real estate market have sharply dipped in the first three quarters of 2012.
As per sources, the new fund will be of four years duration and will have the option of two one-year extension. It is expected to make around 10 to 12 investments over its life period, with the largest ticket size being Rs 100 crore.
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