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Kotak Investment Advisors Ltd has secured an anchor investment of USD 500 million from a wholly owned subsidiary of the ADIA for its 13th Real Estate Fund, a USD 1 billion platform targeting opportunistic real estate investments in India.
Kotak Investment Advisors has secured a USD 500 million anchor investment from the Abu Dhabi Investment Authority (ADIA) for its 13th real estate fund, a USD 1 billion platform focusing on real estate investments in the country.
With this new fund, Kotak Investment Advisors has raised, managed or advised more than USD 3.3 billion under its real estate fund series, the company said in a statement