| Infrastructure and Urban Infrastructure Fund Management | Asset management and advisory services focused on infrastructure debt and urban infrastructure projects. | Strong regulatory approvals, government partnerships, and extensive fund management experience. | Institutional investors, government bodies, and urban local bodies (B2B). | Debt fund management and urban infrastructure advisory. | 20 | 45 | Management fees from Infrastructure Debt Funds and advisory contracts with government and private partners. | Fixed and performance-based management fees, contract-based advisory services. | Government urban infrastructure initiatives, growing infrastructure financing demand. | IL&FS Infrastructure Debt Fund (IDF), Andhra Pradesh Urban Infrastructure Asset Management Limited |
| Private Equity and Real Estate Fund Management | Private equity investments and real estate fund management targeting infrastructure and related sectors. | Established investor base, diversified sector exposure, and successful track record in fund performance. | Domestic and international institutional investors and private equity buyers (B2B). | Performance fees and carried interest from fund exits. | 24 | 55 | Management fees, carried interest from successful investments and divestments. | Fee-based and profit-sharing on exits. | Demand for equity funding in infrastructure, real estate growth, favorable capital markets for exits. | Tara India Funds III & IV, IL&FS India Realty Fund II, IL&FS Milestone Realty Advisors |
