HDFC Capital, a subsidiary of HDFC Ltd and acting as an investment manager, has successfully achieved the initial close for Scheme 2 of the HDFC Capital Affordable Real Estate Fund - 3.
Kotak Investment Advisors Ltd has secured an anchor investment of USD 500 million from a wholly owned subsidiary of the ADIA for its 13th Real Estate Fund, a USD 1 billion platform targeting opportunistic real estate investments in India.