Walton Street Blacksoil Realty Debt Fund Invests in Hyderabad
Walton Street Blacksoil Real Estate Debt Fund – I has invested Rs 80 crore through structured debt with two Hyderabad based developers.The investment bas been made in Cybercity Builders and Developers Pvt Ltd in their residential township and the Saket Group in their North Hyderabad township. Walton Street Blacksoil real estate debt fund is managed by Blacksoil. The fund had raised Rs 320 crore in 2018 primarily from family offices & HNIs. Walton street is anchor investor in the fund and they also play the role of investment advisor to fund manager. Cybercity Group has delivered 4.6 million sq ft of residential real estate with another 3.7 million sq ft under construction across Hyderabad and Chennai. Apart from various domestic institutions, global private equity players like Walton Street Capital, Goldman Sachs have earlier invested in Cybercity. Saket Group has delivered 4 million sq ft of residential real estate over the past 33 years. Saket Group is currently developing an 80-acre township named Saket Bhusatva near Kompally, North Hyderabad and is also rapidly expanding its senior living portfolio in the city under the Saket Pranamam brand. Walton Street India is a real estate private equity firm with over a decade long real estate experience in India of advising/ investing $125 mn for debt transaction and continue to invest in the residential real estate. BlackSoil has registered year-on-year growth of over 100% in disbursement as the company cumulatively disbursed Rs 2,000 crore of debt deals via its credit platform of NBFC and AIFs.
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