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Kotak Investment Advisors (KIAL) and Allianz Investment Management SE (Allianz) – the investment management arm of Germany s Allianz Group - on Monday announced that they are partnering to invest in Indian private credit market. In February 2021, Allianz made its maiden credit investment of $150 million in KIAL’s eleventh Real Estate Debt Fund that achieved a closure of $380 million. KIAL’s Real Estate Fund primarily focuses on financing early- and late-stage real estate projects across geographies in India. Allianz’s total private credit investments in the country so far is worth about $650 million and it is looking to increase it to $1 billion in 2021, Kotak said. ....
Kotak Investment, Allianz Group tie-up for India's private credit market business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
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