KKR and Singapore Sovereign Fund Form Indian RE Lending Platform
Singapore’s GIC Private Limited and private equity giant KKR have formed a non-banking financial company to provide loan capital for the growing real estate sector in India. This entity will be a lending platform utilizing structured credit. Since the inauguration of Indian Prime Minister Narendra Modi, institutional investor capital from sovereign wealth funds, pensions and private equity funds have raced back to the Indian property market.
GIC Private Limited is providing investment capital for the lending platform. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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