Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
Real Estate Holding and Development
Joint Venture
Majority
India
residential real estate
Friendly
Private
Cross Border
Private Equity
Synopsis
HDFC Capital, a Real Estate Private Equity Investment Manager, and Cerberus, an American global alternative investment firm, formed a joint venture. Financial terms were not disclosed. “This platform, in partnership with Cerberus, has the potential to provide an impetus to the real estate sector by providing capital solutions to developers and restarting stalled housing projects,” said Deepak Parekh, HDFC Capital Chairman.
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