 "realty sector")
Kotak Investment Advisors today announced that it 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 (RE) Fund, a $1 billion platform targeting opportunistic real estate investments in India. With this new fund, KIAL has raised, managed or advised more than $3.3 billion under its real estate fund series.
“This is an opportunistic fund that can invest across various real estate asset classes and capital stack i.e. both debt and equity. The fund will primarily target investments in residential real estate. With the first close
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