WSB Real Estate Debt Fund raises Rs.850-Cr for residential projects

Alternative investment platform WSB Real Estate Partners (formerly Walton Street Capital) has raised over INR 850 crore through its residential property debt fund WSB Real Estate Debt Fund II (WSBREDF II) surpassing its initial target commitment of INR 500 crore. The commitment includes an option to its investors to co-invest in specific transactions. The fundraise witnessed participation from large family offices, corporates, offshore investors, and high networth individuals (HNIs). The fund will focus on investing, through structured debt, in residential real estate projects serving the mid-income and affordable housing segment across select tier I cities and look to partner with developers.