22.07.2013 - Realty funds draw leading global investors and SWFs
The Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund owned by the Emirate of Abu Dhabi, with estimated assets under management of $625 billion, invested $300 million (Rs 1,800 crore) in the offshore fund of Kotak Realty Funds, said a senior real estate executive privy to the development. He added Canada Pension Plan (CPP), the $183-billion pension fund, has committed investment of $200 million (Rs 1,200 crore) in the $500-million realty fund of Shapoorji Pallonji Investment Advisors, part of the Shapoorji Pallonji group, promoted by billionaire Pallonji Mistry...............................................Full Article: Source
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