Private Equity

Liquidity Events

ASK Property Fund exits Naiknavare’s Pune project with 21% IRR, 2x multiple

Economic Times  

ASK Property Fund has made an exit worth INR 156 crore from Pune-based realty developer Naiknavare Developers’ project Avon Vista.In 2018, ASK Property Fund had invested INR 80 crore in this mid-income segment project comprising 613 units in Balewadi locality. The exit has provided a targeted internal rate of return (IRR) of 21% and a 2x multiple of the capital invested.