Since 2013-14, and prior to the launch of WSBREDF-II, WSB group has placed more than INR 1,750 crores of debt capital across 40+ real estate transactions and has received more than 100% of its capital back through 29 full and 5 partial exits. Last year, BlackSoil and the former India-based management team of U.S. real estate investment advisor Walton Street Capital, L.L.C. (Walton Street Capital) joined forces to acquire Walton Street capital’s India real estate debt business. The India management team is led by Kaushik Desai, Vinit Prabhugaonkar, and Vimal Jangla. As a result of the buyout, WSBREDF-II is no longer affiliated with or advised by affiliates of Walton Street Capital, L.L.C., a U.S.-registered investment advisor focused on the real estate sector.
WSBREDF announced today that it has made an exit worth INR 202 crore across multiple investments with Krishnaiah Projects Private Limited (KPPL) a real estate arm of Bollineni Group. These investments were spread across multiple residential projects located in the southern metropolitan cities of Ba... (more)
