Kotak Alts raises Rs.5,000-Cr for private credit, real assets
Kotak Alternate Asset Managers , the alternative asset management arm of the Mumbai-based Kotak Mahindra Group, has raised INR 5,000-Cr for the Kotak Yield & Growth Fund. The capital was raised entirely from domestic investors, including institutional investors, family offices, and ultra-high-net-worth individuals (UHNIs).The Kotak Yield & Growth Fund targets cash-flow-generating businesses, real assets, and mid- to large-sized companies. The firm plans to use the capital to deploy investments across private credit, real assets, and selective growth opportunities to generate risk-adjusted returns.Established in 2005, Kotak Alternate manages and advises on more than USD 22-B across private equity, real estate, infrastructure, special situations, and private credit.
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