India, Oct. 2 -- Poddar Keventer Capital Advisors Private Limited, an investment management platform backed by the Saroj Poddar Group (erstwhile Adventz Group) and Keventer Group, has launched its maiden Category II Alternative Investment Fund (AIF) focused on secured real estate debt opportunities.

The launch marks the first AIF launched by a real estate developer from West Bengal, according to the company.

The Poddar Keventer Real Estate Fund - Scheme I is targeting a corpus of Rs 400 crore, with an option to raise an additional Rs 200 crore through a greenshoe option, taking the potential corpus to Rs 600 crore.

The platform combines Saroj Poddar Group's institutional expertise with Keventer's real estate development and execution c...