The fund has been set up as an alternative investment fund under Sebi regulations managed by the Alternate Asset Management Company, Kotak Investment Advisors
Kotak Investment Advisors (KIAL) today announced the closure of its new real estate fund which will target a range of real estate financing opportunities in the country.
The $380 million real estate fund is anchored by a clutch of leading global financial investors and is one of the largest dedicated real estate financing funds closed in recent times in the country, the fund manager said, adding that the new fund will target both early-stage and late-stage real estate projects in residential, commercial, retail, warehousing and hospitality sectors.
Srini Sriniwasan, Managing Director, Kotak Investment Advisors said, “Our new Real Estate Fund has been closed at an opportune time. We have a flexible investment mandate enabling us to provide much needed capital
First Published: Feb 09 2021 | 2:07 PM IST