Omkarm Capital launches AIF targeting Rs 300cr
Omkarm Capital has come up with its recent Alternative Investment Fund (AIF) targeting Rs 300cr including a green shoe option. The fund will focus on infrastructure logistics space and has received significant interest from investors across family offices, ultra-high-net investors, and institutional investors.
The fund is a Category II AIF under SEBI AIF Regulations.
Omkarm sees Indian infrastructure logistics as one of the areas that will drive the country forward as well as deliver high-quality returns, thereby aligning with the investment manager’s core value of delivering purpose-backed Returns. The fund, backed by Czar Capital, the Indian arm of a marquee single-family office (Kothari Family) that has a presence in India as well as in the US, has found solid resonance with investors given its capital distribution strategy- that blends periodic income distribution alongside capital growth.
Speaking about the current strategy, Lavneesh Mohan, director, Czar Capital said, “As a single family office investor, we are meticulous with risk management and as a result, prioritise capital protection.
Given the current growth-starved world scenario, we believe India is now a global investment destination and needs to be on the radar from a global as well as a domestic investor perspective. This was augmented by India receiving its highest-ever FDI in FY22 at USD 83.6 bn.
With several policy reforms underway and solid fundamentals, India is poised for unprecedented economic growth and we believe that the Omkarm strategy provides one of the best risk-adjusted return strategies; a clear play on the India growth story with an inflation hedge”.
“High quality physical infrastructure logistics is a critical backbone for a country. A
