AZB helps Cerberus PE form $1bn special situations platform with HDFC to fund residential projects

Global PE major, Cerebrus Asia Pacific Investments and HDFC Capital Advisors have partnered for a special situations platform amounting to $1bn, focused on high-yield opportunities in the Indian residential real estate sector, according to the reports by The Economic Times & Business Standard.

The platform is set to target under construction residential projects across India and provide capital solutions aiming to expedite project completion and purchase inventory.

AZB & Partners advised client::Cerberus Asia Pacific Investments LLC, led by a team of partners Ashwath Rau and Pallabi Ghosal along with senior associate Ananya Sonthalia.

2021-03-16

Deal value: $1bn

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Comments

Wat? 16 Apr 2021, 13:53
+0 -0
INR 37 crores ($5M approx) OR $1bn ?
LegallyIndia 16 Apr 2021, 14:01
+2 -0
Thanks, $1bn - now corrected
Go AZB 16 Apr 2021, 14:48
+5 -3
This pandemic year AZB has zzzzzoomed past many law firms with deals like never before.