ASK Property Fund, part of the Blackstone-backed ASK Asset & Wealth Management Group, has partnered with India Sotheby’s International Realty to launch the ASK Curated Luxury Assets Fund, India’s first luxury real estate investment platform. Registered as a Category II Alternative Investment Fund with SEBI, the Fund aims to invest in high-end residential projects and luxury developments in Tier 1 cities and premium holiday destinations, targeting superior risk-adjusted returns. With an initial size of ₹1,000 crore and a greenshoe option of ₹500 crore, the collaboration seeks to leverage expertise in the luxury real estate market.