Blacksoil Realty Trust — BlackSoil Capital | wisefolio

Blacksoil Realty Trust

IN/AIF2/13-14/0052Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

Blacksoil Realty Trust (IN/AIF2/13-14/0052) is a SEBI-registered Category II Alternative Investment Fund (registered May 2013) managed by Blacksoil Asset Management Private Limited (BAMPL), the AIF arm of Blacksoil Capital Private Limited. It was BlackSoil's inaugural fund — launched when the AIF framework was first announced in 2013 — focused on residential real estate debt financing. The fund deployed INR 4.8 billion (approximately INR 480 crore) in real estate and exited its last investments, clocking a 19% gross IRR over its lifecycle. BlackSoil subsequently exited the real estate lending business entirely (by FY2022) and the legacy real estate book was fully run down by FY2024. Blacksoil Realty Trust is therefore a mature/legacy fund. The fund is headquartered at 1203, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Mumbai.

Investment Philosophy

As BlackSoil's earliest fund, Blacksoil Realty Trust deployed real estate debt financing strategies — providing structured debt to residential developers. The fund focused on capital preservation through disciplined risk management, targeting high-quality real estate developers with visible exit timelines. BlackSoil subsequently broadened its mandate to venture debt and alternative credit after recognising the opportunity beyond real estate in 2016.

Team— 2

Mohinder Pal Bansal

Chairman & Co-founder, Blacksoil Capital

Mohinder Pal Bansal is the Chairman and co-founder of Blacksoil Capital Private Limited. He leads the merged BlackSoil-Caspian entity as Chairman following the November 2025 merger. He was one of the original backers of BlackSoil alongside family offices of Allcargo Logistics and Navneet Education.

Ankur Bansal

Managing Director & Co-founder, Blacksoil Capital

Ankur Bansal is the Managing Director and co-founder of Blacksoil Capital and the SEBI-registered contact person for Blacksoil India Credit Fund. He co-founded BlackSoil as a financial consulting firm and transformed it into a leading alternative credit platform comprising an NBFC and six credit funds with over INR 5,000 crore deployed. He has a strong network spanning domestic and international PE/VC firms and deep knowledge of the PE/VC and real estate sectors.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/13-14/0052

VintageMay 2013 · 13 yrs old

Valid ToPerpetual

Address1203, LODHA SUPREMUS, Senapati Bapat Marg, Lower Parel, Elphinston road Mumbai, Mumbai, Maharashtra, 400013

Investment Manager

Insights

No insights published yet.

Disclaimer

Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.