Kotak reaches first close on second India special situations fund
Kotak Investment Advisors has reached a first close of USD 1.25bn on its second India-focused special situations fund against an overall target of USD 1.6bn.
Sovereign wealth funds and pension plans that invested in Fund I have re-upped for the second vintage, the firm said in a statement. Abu Dhabi Investment Authority (ADIA) contributed USD 500m to Fund...
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