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Kotak Investment’s $1 bn special situations fund seals second deal

By Beena Parmar

  • 16 Jul 2020
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Kotak Investment’s $1 bn special situations fund seals second deal
Credit: Thinkstock

An alternative assets fund of Kotak Investment Advisors Ltd, a wholly owned unit of Kotak Mahindra Bank, has struck its second deal from its corpus of $1 billion. The Kotak Special Situations Fund has invested Rs 500 crore ($66.5 million) in Nirma Group unit Nuvoco Ltd to finance the acquisition of ......

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