Dewan Housing Finance Corporation (DHFL) has raised Rs 1,375 crore from funds managed by Oaktree Capital Management (Oaktree), a leading global alternative investment management firm. The transaction is structured using RBI's Securitization Guidelines and involves securitization of wholesale real estate project finance loans with security over a near-complete residential project in Mumbai.
DHFL is one of India’s premier housing finance companies and is among the oldest private sector Housing Finance Companies (HFC) in India. The company was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.
