The fund, which is sponsored and driven by GP, will be managed by Gateway Investment Management Services (DIFC) Limited (Gateway). In addition, the international real estate experts Cushman & Wakefield have been retained as property consultants for the Exempt Fund.
Elaborating on their plans, GP’s Managing Director Sudhir Goyel said: “The time is now right to leverage Indian real estate assets for the benefit of our investors. GP has committed $10 million as seed capital to the Fund that aims to raise $100 million.”
http://www.cpifinancial.net/news/post/31046/gulf-petrochem-to-launch-first-indian-focused-real-estate-fund-under-difcs-exempt-fund-regime
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