|Integrow special opportunities fund||Real estate||AIF Category II|
Integrow is a Real Estate focused Asset Management firm incorporated on 8 September 2020, and focuses on transformation through shared insights, effective processes and causing value enhancement for its stakeholders. Integrow is attempting to bridge the vision of sustainable democratization of Real Estate with confidence, energy and integrity.
Email address: [email protected]
Office address: Adeshwar Mahal, 9, Buddha Temple road, Mumbai – 400012.
Ramashrya Yadav, Founder & CEO – He brings in extensive real estate and related financing experiences of over two decades. He oversees the key activity of building ecosystem and allowing talent to grow. He comes with rich experience at Edelweiss, Orbit Corp, and Shapoorji Pallonji.
Abhijit Das, COO – He oversees operationalizing the entire process and ensuring a balance between risk and reward in the path to maturity. He comes with rich experience at IDBI Capital, Elara Capital, Kotak, and IL&FS.
Rahul Somani, Executive Director & Head – Investments – He is responsible for creation of maturity path for the portfolio and managing investments as part of maturity path. He comes with rich experience at Stern Stewart, Orbit Corporation, and TATA Realty.
Srikanth Iyengar, Managing Partner – Funds & Strategy – He is the go-to man for all stakeholders and he effectively manages key relationships with all the stakeholders. He comes with rich experience at Motilal Oswal Financial Services, Edelweiss, and Sharekhan.
Vijay Mohta, Head – Asset Acquisition – He liases with various institutions & developers bringing in potential investment worthy projects in need of a maturity path. He comes with rich experience at L&T Finance, SBI Caps, and Edelweiss.
Jayesh Kariya, Managing Partner – Alliances – He is responsible for cementing both global and local partnerships for enhancing the ecosystem and building the managed assets portfolio. He comes with a significant experience of working with big 4 accounting firms and is a real estate & infrastructure expert for several years including practice leader for building, construction, and real estate.
Harshvardhan Kulkarni, Director – Investor Relations & Fund Raising – He manages investor relations and looks into fund raising for the firm. He comes with rich experience at Investcorp India Asset Managers, HDFC Property ventures, Tata Realty & Infrastructure Ltd.
Title: Integrow to raise Rs 1000 cr for realty fund, Mint June 2021
Integrow Asset Management Pvt. Ltd is raising Rs 1,000 crore for its first real estate fund from domestic investors and will focus on last-mile project funding. Integrow Special Opportunities Fund has been set up as an alternative investment fund (AIF Category II) and got approval from the Securities and Exchange Board of India. The fund plans to raise ₹500 crore along with a greenshoe option of raising an additional Rs 500 crore over the next 6-8 months. It will raise the capital mainly from high-net-worth individuals and single-family offices. Integrow founder and CEO, Ramashrya Yada, said that the first fund will focus on investing execution capital and last-mile funding because the demand for working capital is high. They will also do inventory funding. The fund will offer equity-like structured capital and invest 70-80% in residential projects, where working capital needs are high.
Integrow will be looking at stressed projects and aim to diversify the portfolio with different kinds of funds, which may include co-working and shared living project investments.
1. What is Integrow’s investment philosophy ?
2. What process do you follow for investment ?