Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
JM Financial Asset Management Company has expanded its Alternative Investment Fund (AIF) platform with a new real estate fund targeting early-stage ventures. The INR 1,000 crore fund aims to bridge financing gaps in India's property sector, providing debt capital to established developers in metro cities for land acquisition and approval costs. Backed by over a decade of real estate credit experience, the fund has attracted strong interest from institutional investors and HNIs. The company has also filed pre-IPO and performing credit fund applications to further broaden its alternative investment offerings.
JM Financial Asset Management Company has introduced an early-stage real estate fund under its Alternative Investment Fund (AIF) platform, aiming to address the financing gap in the property sector. The fund is designed to provide debt capital to established developers in metropolitan areas, helping them cover costs for land acquisition and approvals, which traditional lenders often cannot finance due to regulatory constraints. Advertisement
The fund targets INR 1,000 crore, with the initial close expected around INR 500 crore. JM Financial is leveraging more than ten years of experience managing real estate credit to structure the fund efficiently. Investor response has been positive, with strong participation from both institutional investors and high-net-worth individuals, reflecting the rising demand for flexible capital solutions in the sector.
Amitabh Mohanty, MD and CEO of JM Financial Asset Management, highlighted that the broader AIF platform will host specialised pools of capital across credit, real estate, and pre-IPO opportunities. He noted that the company is focusing on thematic and real asset-backed strategies to support India's next phase of enterprise growth.
Alongside the real estate fund, JM Financial has filed its maiden pre-IPO fund and a follow-on performing credit fund application with Sebi. The pre-IPO fund is structured to invest in companies roughly 18 months away from listing, allowing investors to participate in early-stage growth before the public offering. The performing credit fund has already completed several exits and is on track to deliver returns in line with its objectives.
Mohanty emphasized that alternatives will remain a key priority, with continued investment in specialist teams, risk management processes, and thorough due diligence. He added that rising investor participation and demand for flexible capital solutions make the expanded AIF platform crucial in supporting India's real estate and enterprise growth over the coming decade.
Source PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
