
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
Millenia WB Trust is a SEBI-registered Category II Alternative Investment Fund (IN/AIF2/24-25/1598), registered on September 23, 2024, and managed by Irris Whiteboard Private Limited. The fund and manager operate under the brand name 'WhiteBoard Financial Advisors' at wbfam.com. The fund's scheme is called the Millenia WB Yield Fund. WhiteBoard is a domain-driven investment platform focused on urban real assets (primarily real estate) in India, backed by an institutional track record in real asset investing. The firm positions itself as a full-service financial advisory and asset management firm covering strategic M&A advisory, corporate finance, business re-engineering, asset management, and AIF investing across urban assets. WhiteBoard acted as sole advisor on the Casagrand–Blackstone strategic partnership (₹700 crore investment, November 2025), demonstrating its transactional credibility in large real estate deals. The fund is headquartered at 706A, B Wing, 7th Floor, Kanakia Wall Street, Andheri Kurla Road, Andheri East, Mumbai 400093. SEBI contact person is Anchit Lakhotiya, and the firm also holds a PMS registration (INP000009667) under the same Irris Whiteboard entity.
Anchit Lakhotiya
Principal / SEBI Contact Person
Chartered Accountant & Commerce Hons. Graduate
Anchit has 20 years of experience in Corporate and Investment Banking, NBC & Retail Mortgages having expertise in Alternative Investments, Corporate Finance, M&A, structure credit, LBOs, capital market solutions, onshore/offshore capital structuring and Asset Monitoring & Management. Immediately prior to starting Whiteboard, Anchit was Country Head of Real Estate Investments & Advisory Business, for Alternate credit investment platform entity of LoneStar Fund. He has an established industry repute of core understanding and innovative structuring for credit solutions. He has impeccable track record of originating and managing aggregate assets of more than USD 10 Billion.
Sanjay Ratra
Civil Engineer, MBA (Finance)
Sanjay has more than 25 years of experience in Corporate & Investment Banking, having expertise in Corporate Finance, Mergers and Acquisitions, Structure Credit, LBOs, Structured mezzanine / Equity, Risk Assessment, Risk Management, Stressed Asset Management, Capital Market Solutions, Distressed Asset Buyouts/Structuring, Onshore/Offshore Capital Structuring, Strategic Planning etc. Immediately prior to starting Whiteboard, Sanjay was Managing Director and Head of Real Estate and Infrastructure Business, South Asia for Standard Chartered Bank (March 2006- June 2019). He build a reputation as one of the most trusted and well respected banker who leads by an example, integrity and trust. Over the last decade, he has successfully originated and executed transactions worth more than USD 20 Billion.
Akshat Kabra
Priyanka Agrawal
Rashmi Swami
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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.
Kartik Kothari
Naresh Naik
Advisor32+ years of experience across financial services and real estate investments. Founder and CEO of IREP Credit Capital and Ex-Country Head of Morgan Stanley Real Estate, India & served on the boards of Oberoi Realty, Panchshil Realty, and Mantri Realty.
Brotin Banerjee
Advisor20+ years of experience with the Tata Group, Ex-CEO, Tata Housing. He held leadership roles at Tata Housing, Barista Coffee, Tata Chemicals, and Tata Sons where he pioneered affordable housing, Green IT parks & Draw-of-lots apartment allocation in Indian Real Estate industry.
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