Private Equity

Liquidity Events

MO Alternates Fund exits 14 property investments worth Rs.1,050-Cr with over 18% return

Economic Times  

Motilal Oswal Alternates (MO Alternates), the alternative investment arm of Motilal Oswal Group, has made exits worth over INR 1,050 crore from all 14 investments under its second real estate fund, India Realty Excellence Fund II.Investments and exits were made in projects of developers such as Kolte Patil Developers, Casagrand Group and Shriram Properties.The fund, with a corpus of INR 489 crore, focused on providing structured capital to developers for mid-income residential projects. The capital was deployed in cities with significant housing demand and was aimed at supporting project completion and delivery timelines.With this, the fund, having invested INR 680 crore including reinvestments, has delivered a gross internal rate of return (IRR) of 18.3%.