HiLITE Group to launch ₹200 crore Shariah-certified Category II AIF
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓HiLITE Group is entering the investment sector with a new ₹200 crore Shariah-certified Category II AIF.
- ✓Sulaiman said, "Our entry into investment management is driven by a larger vision of bringing our experience in real estate to a wider investment landscape." The fund focuses on long-term real estate opportunities.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
HiLITE Group is set to enter the investment management sector with the introduction of its new vertical, HiLITE Investment Management. Its first offering, HiLITE Ethical Fund 1, is a real estate-focused fund with a maximum fund size of ₹200 crore.
Registered with SEBI as a Category II Alternative Investment Fund (AIF), HiLITE Ethical Fund 1 is designed for HNI's and institutional investors seeking long-term opportunities in real estate.
A key distinction of the fund is its Shariah certification by TASIS (Taqwaa Advisory and Shariah Investment Solutions Pvt. Ltd.). With this venture, HiLITE Group aims to extend its understanding of the real estate sector to a wider investment landscape.
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