Sundaram Alternates (SA), part of Sundaram Finance Group and managing $850 million in assets, has invested Rs 1000 crore in various real estate deals over the past seven months. The High Yield Secured Real Estate Fund IV has completed 12 deals, achieving a 19% IRR. Karthik Athreya, Director at SA, emphasized the focus on secured investments that ensure consistent returns and capital protection. The SA RE Credit Fund IV targets South Indian markets with reliable developers in the mid-market residential sector. The fund has garnered interest from diverse investors, appreciating SA’s cautious underwriting approach and commitment to capital safety.