HDFC

HDFC Capital Advisors is a real estate private equity investment manager based in Mumbai, Maharashtra, India, specializing in long-term debt and equity financing for housing projects. The firm manages funds dedicated to affordable and social housing, partnering with developers across top Indian cities. Leveraging the legacy of its parent, HDFC Ltd, the group has financed over 8 million housing units and managed gross loans exceeding INR 5.7 trillion, fostering relationships with over 500 developers. As of April 2023, HDFC Ltd held a 90% stake in the entity, with the Abu Dhabi Investment Authority (ADIA) holding the remaining 10%. Rajesh Khushalani serves as Principal Investments and Head of Asset Management, following the 2022 merger of HDFC Property Ventures and HDFC Venture Capital into the firm. HDFC Capital Advisors was established in 2015 as a subsidiary of HDFC Ltd, founded by Hasmukhbhai Parekh.