Fundraising - SEPTEMBER 9, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

WSB Real Estate Partners, Blacksoil Group hit target for real estate debt fund

by Kali Persall

WSB Real Estate Partners, an alternative investment platform jointly held by the ex-India Management team of Walton Street Capital and Blacksoil Group, has raised more than its target Rs 500 crore ($66.7 million) for its residential property debt fund, WSB Real Estate Debt Fund II (WSBREDF II).

The fund was backed by stakeholders, such as large family offices, corporations, offshore investors, and high-net-worth individuals.

WSB Real Estate Partners and Blacksoil Group said the fund will focus on using structured debt to invest in residential real estate projects serving the middle-income/affordable-housing segment across select Tier I cities.

“We would like to sincerely thank our investors, partners, and stakeholders for reposing faith in us through repeat investments across multiple funds/strategies since 2013, that has helped us grow this business over the last nine years,” said Kaushik Desai, managing partner of WSB Real Estate Partners. “WSBREDF II ha

Forgot your username or password?