NEW DELHI, FEBRUARY 7: Real estate fund management company Trikona Capital, which has already invested $1.4 billion in India, is now planning to up the ante. The Alternative Investment Market (AIM)-listed fund will now invest $1 billion every year, largely in the infrastructure sector comprising rail, roads, ports and logistics. Speaking to The Indian Express, Aashish Kalra, managing director, Trikona Capital Ltd, said, “Altogether we aim to create assets worth $100 billion in 10 years. Over 50 per cent of our fund’s future investments will go into companies engaged in infrastructure development. Besides partnerships with existing players, we will also form our own Special Purpose Vehicle (SPVs) for some of these ventures.”

Over last two years, this India-focused fund has made investments in real estate, urban redevelopment, retail, hospitality, SEZs, in partnership with major players such as IL&FS, Uppal, Fortis, Pipava Shipping and Phoenix Mills.