Arka Investment Advisory Services Private Limited (AIASPL) has introduced its second Alternative Investment Fund, the Arka Hreem Real Estate Opportunities Fund, targeting INR 500 crores with a green shoe option of INR 250 crores. Rohan Builders joins as the Operating Partner through its financial services arm, Hreem. Focused on Tier 1 cities and Grade A developers, the Fund aims to capitalise on the residential real estate sector's growth potential. This launch follows the successful close of Arka's first private credit fund.
Arka Investment Advisory Services Private Limited (AIASPL) has unveiled its second alternative investment fund, the Arka Hreem Real Estate Opportunities Fund ("Fund"). Rohan Builders, a prominent player in real estate and EPC, will serve as the Operating Partner through its financial services arm, Hreem.
Arka Investment Advisory is a leading firm specialising in innovative financial products and solutions. Focused on real estate and credit markets, the firm utilises its extensive industry expertise and strategic partnerships to achieve outstanding returns and create long-term value for investors.
Rohan Builders is a leading entity in Real Estate Development, Infrastructure Development, and EPC Contracting with headquarters in Pune and operations across India. Renowned for its user-centric design and planning, Rohan Builders comprises over 2,000 professionals and has delivered more than 30 million square feet nationwide.
The Fund's inaugural scheme, Arka Hreem Real Estate Opportunities Fund I (Arka Hreem Fund), aims for a target size of INR 500 crores, with a green shoe option of INR 250 crores, and will focus on residential real estate opportunities in India. This launch follows the successful final closing of Arka's first private credit fund.
The Arka Hreem Fund is strategically designed to channel investments into the residential sector in India, targeting high-quality counterparties in metropolitan areas that are currently underserved by institutional equity. This comes despite recent improvements in the sector's landscape, including better corporate governance, sector consolidation, and significant growth potential. The Fund will concentrate on Tier 1 cities and partner with Grade A developers. AIASPL manages the Fund, which is sponsored by Arka Financial Holdings Pvt Ltd, the financial services platform supported by Kirloskar Oil Engines Limited. The collaboration with Rohan Builders ensures a blend of deep industry expertise and strong investment insight.
Sonit Singh, Chief Business Officer - Real Estate, Asset Management & Advisory, expressed pride in introducing the Arka Hreem Real Estate Opportunities Fund, highlighting its alignment with their commitment to exceptional stakeholder value. He noted, "Our collaboration with Rohan Builders and support from the Kirloskar Group demonstrate our dedication to addressing market needs and delivering superior returns for our investors."
Suhas Lunkad, Chairman & Managing Director of Rohan Builders, emphasised the strategic nature of their partnership with Arka Investment Advisory. He stated "Our engagement with Arka Investment Advisory on the Arka Hreem Fund is a strategic move to leverage our deep industry expertise, strong execution capability and extensive network in the real estate sector. We are excited about the potential this fund holds for the sector as it is not for Rohan or its projects but rather the market and are confident it will provide significant value to the investee developers and investors alike."
The First fund, Arka Credit Fund I, has shown strong performance with investments across various sectors, including transportation, real estate, financial services, steel manufacturing, and waste management, showcasing its ability to support companies at different growth stages.
In conclusion, Arka's new fund, backed by Rohan Builders and supported by Kirloskar Group, aims to address market needs and offer substantial returns, reinforcing its commitment to real estate investment excellence.
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