Alt Capital

What Alt Capital does

Alt Capital (legally AltInvest Capital Advisors Private Limited, formerly PropShare Capital Advisors Private Limited) is a Bangalore-headquartered, SEBI-regulated alternative investment manager incorporated in 2018. The firm operates three regulated vehicles — a Portfolio Management Service (PMS, INP000006800), an Investment Adviser (INA200014706), and a Category II Alternative Investment Fund (IN/AIF2/20-21/0831) — and is also BSE-enlisted (No. 1259). It invests in securities backed by Indian institutional-grade real estate across Class A offices, city-centre retail, hotels/hospitality, and Grade A warehousing, and is developing a global listed-REIT product for NRI and international investors.

The core product set comprises five named offerings: the ARIPS PMS strategy (listed REIT/InvIT, 8-9% target yield, 12-15% return target, ₹50 lakh minimum); the AltCap Yield Fund II AIF (Grade A office and warehousing, 8-10% target yield, ₹1 crore minimum, currently closed); the prior AltCap Yield Fund I; and the Global REIT Fund I and an upcoming Global REIT Fund II (US/UK/Canada listed REITs, 5-6% target yield, $30,000 minimum). Distribution is technology-enabled through a website and mobile application with OTP and Google OAuth onboarding, supported by direct investor relations and a relationship-management team targeting HNIs, family offices, institutional investors, and NRI/global investors. The platform reports 1,800+ investors across 20+ countries, $90 mn+ AUM, and a 13-person team led by former Blackstone India real estate founders.

Revenue is generated through recurring management and advisory fees on PMS and IA mandates, plus AIF management fees and potential performance fees on the closed-end yield fund vintages. The firm is venture-backed by WestBridge Capital, Lightspeed Venture Partners, Pravega Ventures, and Beenext, with board representation from each, and has passed annual compliance audits for four consecutive fiscal years.

Name

Alt Capital

Legal name

AltInvest Capital Advisors Private Limited

Website

https://altcapital.ai

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Alt Capital is a Bangalore-based, SEBI-registered alternative investment manager offering PMS, investment advisory, and Category II AIF products that give HNIs, family offices, and NRI investors access to Indian and global real estate securities. It manages $90M+ AUM across 1,800+ investors using a technology-enabled platform.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Real Estate Investment Trusts (6798)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industries

Real Estate Funds — Core-Plus (FSANAEAG), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Private Banking Alternatives & Private Markets Access (PE/VC, Hedge Funds, Real Assets) (FSABADAH)

Keywords

• Alternative investment fund
• Portfolio management services
• Real estate securities
• Investment advisory
• REIT InvIT investing

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Portfolio Management Services (PMS): Portfolio management services charging fees for managing listed REIT/InvIT portfolios. SEBI registered portfolio manager (INP000006800).
2. Investment Advisory: Investment advisory services provided through separate identifiable division 'AltCap Investment Advisor'. SEBI registered investment advisor (INA200014706).
3. Alternative Investment Fund Management: Manages Category II AIF (AltCap Yield Fund) with sponsor and investment manager role. SEBI registered AIF (IN/AIF2/20-21/0831).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Alt Capital is a SEBI-registered alternative investment firm that offers retail and institutional investors access to securities backed by institutional-grade Indian real estate, including Class A offices, city-centre retail, hotels/hospitality, and Grade A warehouses. Its offerings span Portfolio Management Services (PMS) on listed REITs/InvITs, a Category II Alternative Investment Fund (AIF) for direct real estate exposure, and Investment Advisory services for global REIT allocation.

Product overview

Alt Capital is a SEBI-registered alternative investment fund manager operating a multi-product platform spanning Portfolio Management Services (PMS), Investment Advisory, and Category II Alternative Investment Funds. The core product portfolio consists of five named offerings: (1) Alt REIT InvIT Portfolio Strategy (ARIPS), a PMS product focused on listed REITs and InvITs targeting 8-9% yields; (2) AltCap Yield Fund II, a closed AIF fund investing in Grade A office and warehousing; (3) AltCap Yield Fund I, the prior iteration of the yield fund strategy; (4) Global REIT Fund II, an upcoming investment advisory product for global REIT exposure; and (5) Global REIT Fund I, the first-generation global REIT offering. The platform is accessible via web (www.altcapital.ai) and mobile application, with authentication through mobile OTP or Google OAuth.

Differentiator

Problem solved

Functional benefit

Brands

• AltCap Yield Fund: A Category II Alternative Investment Fund (AIF) that invests in a diversified mix of Grade A office and warehousing assets, targeting 8-10% yields.
• Alt REIT InvIT Portfolio Strategy (ARIPS)
• Global REIT Fund

Products and services

• Alt REIT InvIT Portfolio Strategy (ARIPS) SEBI-registered Portfolio Management Service (PMS) providing income and growth from listed Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) for HNI investors; minimum investment ₹50,00,000 with target yield of 8-9% and return target of 12-15%.
• AltCap Yield Fund II SEBI-registered Category II Alternative Investment Fund (AIF) offering diversified exposure to Grade A office and warehousing assets; minimum investment ₹1,00,00,000 with target yields of 8-10%, currently closed to new investors.
• AltCap Yield Fund I First-generation Category II AIF providing exposure to Grade A office and warehousing assets via a fund-of-fund structure; was sponsored by AltInvest Capital Advisors (formerly PropShare Real Estate Fund).
• Global REIT Fund II Investment Advisory product providing opportunistic exposure to global REITs across US, UK, and Canadian markets trading below NAV; minimum investment $30,000 with target yield of 5-6%.
• Global REIT Fund I First-generation Investment Advisory offering providing exposure to listed US, UK and Canadian REITs through the firm's separately identifiable Advisory division (AltCap Investment Advisor).

Quantifiable outcome

• 8-9% yield on Listed REIT/InvIT portfolios
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alt-capital1

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alt Capital