IndustryLatest Stories

Sundaram Alternates Raises ₹2,500 Crore for Real Estate Fund

NEW DELHI: Sundaram Alternates has successfully finalized its fifth real estate credit fund, SA Real Estate Credit Fund V, with a total corpus of ₹2,500 crore. Launched in October 2025, the fund surpassed its initial target of ₹1,500 crore and has already allocated over 90% of the raised capital across various investment transactions. The Sundaram Finance Group serves as the sponsor for this fund, which adopts a performing credit strategy that targets senior-secured, amortizing, and cash-generating debt opportunities primarily in brownfield residential projects. With this latest fund, Sundaram Alternates has amassed a total of over ₹5,500 crore across its real…

IndustryLatest Stories

Sundaram Alternates Wraps Up Second Realty Fund at 17% IRR

NEW DELHI: Sundaram Alternates (SA), the investment division of Sundaram Finance Group, has successfully concluded its second real estate credit fund, named Sundaram Alternative Opportunities Series – High Yield Secured RE Debt Fund II (SA RE Credit Fund II). The fund achieved a gross investor IRR of 17% after exiting its portfolio investments, amounting to ₹435 crore. SA RE Credit Fund II invested entirely in fully secured, high-yielding debentures from Indian real estate developers. Currently, the SA RE credit portfolio yields an impressive annual cash return of approximately 15-16% for investors. Over the last eight years, the platform has recorded…