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.
The India Real Estate Fund-II (IREF-II), will offer a mix of debt and equity funding options to investee companies according to Somak Ghosh, the newly appointed co-chief executive of Motilal Oswal PE. This will be the second realty fund for the private equity firm.