Kotak launches Special Situations Fund, Abu Dhabi Investment Authority commits $500mn
With a broad mandate to invest across asset types and sectors, our new partnership with Kotak will contribute to this process and help to ease the burden of NPLs on the Indian financial system," ADIA Private Equities Department ED, Hamad Shahwan Aldhaheri said.
The Kotak Special Situations Fund is structured as an Alternative Investment Fund under SEBI regulations. Reuters