According to reports from The Economic Times, Alpha Alternatives has successfully raised more than ₹6,000 crore at the final close of its first infrastructure fund. The fund attracted commitments from a diverse investor base including institutional investors, family offices, and wealthy individuals, with an average commitment estimated at ₹25-30 crore per investor.
As reported by The Economic Times, the Build India Infrastructure Fund will invest in roads, power transmission and renewable energy assets, with a particular focus on hybrid annuity model road projects and transmission infrastructure. The fund's investment strategy is designed to span the infrastructure space, targeting assets with potential for operational improvements, structured investment approaches and eventual monetisation through infrastructure investment trusts (InvITs). Alpha Alternatives already operates a listed InvIT, Anantam Highways Trust, which provides an existing platform in the infrastructure investment space.
According to The Economic Times, domestic institutional investors, family offices and wealthy individuals are increasingly looking at infrastructure as an alternative investment class, seeking exposure to long-term assets linked to the country's economic growth. This trend reflects growing investor appetite for infrastructure-focused investment opportunities in India's expanding economic landscape.
As reported by The Economic Times, Bajaj Alternate Investment Management has raised approximately ₹950 crore for its first real estate fund and is targeting to reach its ₹2,000-crore fundraising goal through additional funding. The fund will focus on developing premium commercial office properties through partnerships with established developers, specifically targeting demand from global capability centres and large corporate occupiers in India.
