HedgeCo.Net

West Palm Beach (HedgeCo.net) - Trump Organization USA announced plans to launch a $1 billion hedge fund to invest in Indian real estate. Donald Trump Jr.’s interest in the Indian real estate market was sparked in 2007 when he visited the subcontinent for the Cityscape real-estate conference in Mumbai.

"We feel it is now time to invest in Indian realty projects as the quality has moved up and we see emergence of some high-end developers with a product level that will support our brand," Trump Jr. said.

Trump announced in late July that he intends to set up a hedge fund worth up to $1 billion to invest in Indian real estate, the privately held fund would initially target property in Mumbai.

Thirty year-old Trump did not give specific details about the fund, such as how he plans to raise the money, or where the first investment would be made. But in an interview with Bloomberg LP, he did say that it would start conservatively and expand as the opportunities presented themselves.

"The fund will be for acquisitions of real estate in the high end and across the spectrum," Trump said. "We’ll start it off relatively small and grow it as we get more familiar with the Indian market. Our entry has to be in Mumbai, and that’s where everything is going on right now in terms of the high-end real estate. That’s the place where one is going to achieve the highest prices per square foot. It sets the tone for all of the other future developments."
 
When asked at the conference which cities Trump Organization would consider for business deals, Trump responded, "Certainly, the city I’m standing on (Mumbai), Delhi, Hyderabad and Bangalore, where the IT sector has witnessed a boom."

Alex Akesson

Editor for HedgeCo.Net
Email: alex@hedgeco.net

HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!h

Tags: 100-million, boston, donald-trump-jr, due-diligence-service, fcc, hedge-fund, nara, party-vendors, prison-term, property-in-india, rs-500, sophia, specifics, volatility, west-palm-beach

New York (HedgeCo.Net) - Baer Capital has announced the launch of their new fund that invests in Indian equities, distressed debt and derivatives, further propelling Dubai’s prominence in the hedge fund industry.  The Beacon India Alpha Equity Fund is the latest fund aimed at capitalizing on India’s emerging markets.

‘We are extremely excited about the launch of the Beacon India Alpha Equity Fund which is a long short equity fund focused on listed Indian equities and managed by Baer Capital Partners International Ltd,” said Brij Singh, Founder and Chief Executive Officer of Baer Capital Partners.  “The Beacon India Alpha Equity Fund is an integral part of our mission to create a ‘Best in Class’ alternative asset management platform focused on India.”

This is the second hedge fund for Baer, who also manages a $220 million private equity fund centering on opportunities in India.  Norton Rose (Middle East) LLP has advised Baer on both the structure of the private equity fund and the hedge fund.
Baer isn’t the only company captivated by the potential of India.  Donald Trump Jr. just recently launched a fund focused on acquiring luxury properties in the subcontinent. 

In addition, big players in the hedge fund arena like D.E. Shaw, Renaissance Technologies and Och-Ziff Capital Management have already established their presence in the Indian market.

Baer Capital Partners was established in 2006 and focuses on investment management, corporate finance and wealth advisory.

Julie Scuderi
Senior Editor for HedgeCo.Net
Email: julie@hedgeco.net

HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!
Be sure to check out our sister sites. For more information, visit www.hedgeconetworks.com

Tags: active-management, baltimore-sun, banque-syz, fcc, hedge-fund-research, indian-stock-market, investment-partners, msn-moneycentral, nara, och-ziff-capital-management, orient-express-hotels, party-vendors, property-in-india, qualitative-assessment, target, venture-capital-investments, west-palm-beach