Firm Matters
Khaitan & Co acted as the sole legal counsel to Sundaram Alternate Assets Ltd in connection with the setup of SA Real Estate Credit Fund V, negotiating with key institutional investors for their investments in SA Real Estate Credit Fund V, and provided end-to-end assistance through to the final closing of Fund.
Sundaram Alternate has achieved the final close of its SA Real Estate Credit Fund V at USD 259 Million (around INR 2,500 Crores), exceeding its initial target of INR 1,500 Crores within 7 (seven) months of launch. The Fund has received commitments from diverse base of investors including institutional investors, insurance companies, family offices, corporate treasuries, and ultra-high-net-worth individuals (UHNIs).
Deal Team
The core team consisted of Siddharth Shah (Senior Partner), Vivek Mimani (Partner), and Pranav Dave (Principal Associate).
