Real estate PE Xander in talks to set up logistics platform in India

Image from Pixabay

Real estate-focused private equity (PE) firm Xander Group Inc. is in talks with potential investors to set up a logistics platform in India, said two people directly aware of the ongoing discussions. Both requested anonymity as the talks are private.

Based in Singapore, Xander invests primarily in companies in infrastructure, hospitality, entertainment, retail and real estate sectors. It manages equity capital in excess of $2 billion. In the past, the PE firm has raised capital from several global investors, most recently from Dutch pension fund manager APG to co-invest in the firm’s retail platform, Virtuous Retail South Asia Pte Ltd.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter