Hong Kong PE firm Alta Capital aims to create $50m portfolio value

Hong Kong PE firm Alta Capital aims to create $50m portfolio value

Real Estate

The Hong Kong-based private equity firm Alta Capital Real Estate is planning to create a $50 million portfolio through its first hospitality fund, Alta Hospitality Fund Asia. The portfolio investments are expected to deliver around 15-25 per cent internal rate of returns (IRR) over six years, according to a press statement.