HDFC Capital Advisors Limited
Venture Capital and Private Equity PrincipalsMaharashtra, India51-200 Employees
HDFC Capital Advisors Limited (HDFC Capital), a subsidiary of HDFC Ltd, is the real estate private equity financing arm of HDFC Group. Set up in 2016, HDFC Capital is aligned with the Government of India’s goal to increase housing supply and support the Pradhan Mantri Awas Yojana - ‘Housing for All’ initiative. The Company also seeks to promote innovation and the adoption of new technologies within the real estate sector by investing in and partnering with technology companies. HDFC Capital is one of the largest residential real estate fund managers in India with funds under management of approximately USD 3 billion. The company manages 3 funds which are registered with SEBI as Category II Alternative Investment Funds. HDFC Capital was set up with the primary objective of providing long-term equity and mezzanine capital to developers at the land and pre-approval stage predominantly for the development of affordable and mid-income housing in India. The funds managed by HDFC Capital have recently been rated as one of the world’s largest private finance platforms focused on development of affordable housing. HDFC Capital believes that new technologies will play a vital role in the creation of efficiencies within the real estate development cycle which is critical for affordable housing projects. The company has set up the HDFC Affordable Real Estate and Technology Programme (H@ART), a first-of-its-kind initiative aimed at creating efficiencies and lowering costs in each part of the development cycle for a real estate project. The funds managed by HDFC Capital also invest in technology companies (construction-tech, fin-tech, clean-tech etc.) engaged in the housing ecosystem. In May 2022, HDFC Ltd sold 10% of the fully diluted paid-up share capital of HDFC Capital to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). ADIA is also an investor in the alternative investment funds managed by HDFC Capital.