Kotak Alternate Asset Managers has announced a Rs. 3,900 crore fundraise that will be deployed in private credit opportunities. The capital has been raised entirely from domestic investors, marking a significant milestone for the platform in the Indian alternative investment space.
The fundraise represents the first close of the Kotak Yield and Growth Fund, which has a target corpus of Rs 5,000 crore. According to the company, the Rs 3,900 crore raised is the largest first round fundraise by an Indian platform from domestic investors. The commitments have come from family offices, Ultra High Net Worth Individuals and insurance companies and were mobilised solely through Kotak Private Banking relationships.
The sector agnostic fund will focus on generating risk adjusted returns by combining stable yield generating assets with selective growth opportunities. The investment strategy includes lending to cash flow positive assets and mid to large sized enterprises that follow strong governance practices. Capital preservation remains a key principle guiding the fund’s investment philosophy.
Kotak Alternate Managing Director, Srini Sriniwasan said this is the first time the firm has raised a fund exclusively from domestic investors. “In an evolving credit environment, investors increasingly seek predictable income with downside protection,” the fund’s Chief Executive, Amit Jain said. The fund aims to meet this demand by offering structured private credit solutions while maintaining a disciplined approach to risk management.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.
