Arnya Real Estate Fund raises Rs 375 Cr as first close

Quick Summary:

Arnya Real Estate is a debt fund and aims to raise Rs 1,000 crore with an additional greenshoe option of a similar amount.

According to the statement, the founding team of Arnya Realestates Fund Advisors has managed assets under management (AUM) of over Rs 10,000 crore, delivering a 20% internal rate of return over multiple exits.

The fund is targeting a corpus of Rs 1,000 crore, with an additional green shoe option of the same amount.

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Article Details

Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: IndiaTaiwan

Topics: Advisors Crore Debt Estate Arnya Investment First Privacy Real Realestates Fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 12:58:37 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 246 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 22425312

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