Toro Investment Managers aims to generate Rs 1,600 crore by launching the first-ever real estate Alternative Investment Fund (AIF) within India's Gujarat International Finance Tec-City (GIFT City). This fund, a pioneer in GIFT City, exclusively targets projects within the offshore hub, focusing on commercial, residential, and social infrastructure segments. The seven-year dollar-denominated fund with two possible two-year extensions seeks investment from global sources, including institutional investors, family offices, high net worth individuals (HNIs), and non-resident Indians (NRIs).
