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Q: Yes, it is expected that the funds will be used for the rehabilitation process and to pay for project clearances and approvals.
Latest Answer: Yes, while Piramal Fund will continue to invest through the PMS route, it will go on to raise its next domestic fund in the coming months. Doing transactions through the PMS structure allows a fund house to tap an additional source of HNI (high networth individual) pool, who can co-invest on a project-to-project basis.
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