Altico Capital India Pvt. Ltd, the non-banking financial company of Asia-focused investor Clearwater Capital Partners LLC, will invest Rs.200 crore in Bengaluru-based realty firm Legacy Global Projects Pvt Ltd in a multi-project financing arrangement.
The deal involves funding multiple projects in Legacy Global’s portfolio in central and south Bengaluru, that are in different stages of construction. The money will be used to fund construction of these projects, as well as to refinance the developer’s existing loans.