WSB Raises Rs 700 cr for Real Estate Debt Fund with a target corpus of Rs 1000 cr+

Mumbai, July 30, 2024: WSB group, has recently launched its fourth SEBI registered Category II Alternative Investment Fund (AIF) with a targeted corpus of Rs 1,000 crore, expandable by another Rs 1,000 crore through a green shoe option. The fund along with coinvest has raised over Rs 700 crore.

The Fund seeks to collaborate with developers renowned for their robust execution and delivery track records. Investments will be diversified across various stages of the development cycle, ensuring prudent risk management and maximizing investor returns. This approach strategically aligns with meeting the growing demand for quality housing in urban pockets across the country.

“We thank our investors and partners for continued support provided to us. WSB is committed to driving growth and development in the real estate sector through strategic partnerships and investments in real estate projects. The track record that we have built so far showcases our ability of qualitative underwriting and active asset management, critical to delivering favorable risk adjusted returns to our investors. The fund has already initiated two investments and built a healthy pipeline, demonstrating our proactive investment strategy” said Kaushik Desai, Managing Partner  of  WSB