Kotak Investment Advisors secures anchor investment of $500 m from ADIA’s subsidiary – NonSell.com

Kotak Investment Advisors secures anchor investment of $500 m from ADIA’s subsidiary

kotak investment advisors secures anchor investment of 500 m from adias subsidiary

Sumary of Kotak Investment Advisors secures anchor investment of $500 m from ADIA’s subsidiary:

  • With the first close of this fund, KIAL has raised around $1. 5 billion in real estate across multiple strategies in one-and-a-half years.
  • Srini Sriniwasan, Managing Director, Kotak Investment Advisors Limited said, As an india-focused alternate asset manager, Kotak has played a key role in attracting global capital to various alternate asset investment strategies in India.
  • Kotak Investment Advisors Limited (KIAL) has secured an anchor investment of $500 million from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for its 13th Real Estate Fund, which is a $1 billion platform targeting real estate investments in India.
  • It may be recalled that ADIA in June this year invested in KIAL 12th Real Estate Fund and committed $500 million for investments in office assets in India.
  • He added, This track record has enabled us to emerge as a leading homegrown alternate asset manager with a significant Global LP base who have reposed faith multiple times with Kotak with significant Re-up participation in successor funds.
  • Vikas Chimakurthy, CEO, Kotak Realty Fund said, This (13th Real Estate Fund) is an opportunistic fund which can invest across various real estate asset classes and capital stack ie.

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