WhiteBoard Financial Advisors and Management is set to launch its second alternative investment fund (AIF), focusing on urban assets with an initial corpus of $100 million and a potential additional $100 million through a greenshoe option. The fund aims to diversify investments across various asset classes, including data centers, warehousing, and residential properties, primarily targeting offshore investors. Founder Anchit Lakhotiya stated that the fund will focus on the top eight to ten urban growth centers in India, aiming for an internal rate of return (IRR) of over 20%. The fund's lifecycle will be seven years, with a possible two-year extension. With increasing uncertainty in the Gulf region due to ongoing conflicts, Lakhotiya believes that investors will increasingly view India as a stable alternative for growth opportunities. Currently, WhiteBoard manages over ₹500 crore in assets and plans to scale this to ₹5,000–6,000 crore (approximately $600 million) by 2029 through multiple AIF platforms. The firm has also initiated a partnership for a logistics-focused fund, targeting equity investments in companies supporting the logistics ecosystem.