Posts Tagged “Kotak”

Kotak Special Situations Fund gets commitments worth $1 billion

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Kotak Special Situations Fund gets commitments worth $1 billion

Kotak Special Situations Fund, which aims to invest in distressed assets, has reached its final close with total commitments of $1 billion ( ₹7,000 crore) from investors, a top executive said. The fund, launched in February 2019, is anchored by a $500 million commitment from sovereign wealth fund Abu Dhabi Investment Authority (ADIA). The fund will be managed…

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Kotak Fund to tap opportunities in distressed assets

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Kotak Fund to tap opportunities in distressed assets

MUMBAI: Kotak Investment Advisors, which manages about $3.5 billion worth of assets, is set to begin deploying th e money it has raised in the past month via two funds that are backed by Abu Dhabi Investment Authority (ADIA). Big opportunity lies ahead in India in distressed assets and commercial real estate space,” said S Sriniwasan, managing director, Kotak…

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