Reliance AIF raises $79M for maiden realty fund, backs project of Chennai-based BBCL

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Reliance AIF Asset Management Co, a subsidiary of Reliance Capital Asset Management (RCAM), has raised over Rs 500 crore ($79 million) for its maiden realty fund Reliance Yield Maximiser Alternative Investment Fund Scheme I (RYM AIF) which has a target corpus of Rs 1,000 crore, a top company executive told ......