IIFL Wealth Management, Piramal Group to provide last-mile funding for select Real Estate Projects

360 One Wam Ltd. | Finance - Stock Broking | BFSI | BSE: 542772 | NSE: 360ONE

11 Dec 2019 Evaluate

Piramal Group and IIFL Wealth Management have entered into a co-investment on an Alternative Investment Fund (AIF) platform to fund select advance stage / last-mile real estate projects across Tier 1 cities in India.

This AIF with a target size of Rs 2,000 crore, will be used to provide capital to Tier 1 developers in key markets. Piramal Group has a long-standing track record of both primary development and wholesale funding in real estate. It also has a fiduciary fund management business across multiple funds and mandates across structured, preferred and pure equity.

IIFL Wealth Management engages in the retail of financial products and services in India.

Peers

Company Name	CMP
Motilal Oswal Fin	1027.05
Angel One	305.00
Nuvama Wealth Mgmnt.	1735.60
IIFL Capital Service	338.65
Multi Commodity Exch	3275.00
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.