India: IIFL Investment Managers to raise $500m real estate credit fund

IIFL Investment Managers CEO Karan Bhagat
IIFL Investment Managers MD and CEO Karan Bhagat. Photo: Mint

IIFL Investment Managers, the wealth and asset management business of IIFL Holdings Ltd, is launching its latest real estate debt fund with a target corpus of almost $500 million, said a senior executive of the firm.

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