Media Release
Kotak named “Best Investment Manager in India” in the Euromoney Real Estate Survey 2012 Mumbai, October 22, 2012: Kotak Realty Fund, a division of Kotak Investment Advisors Ltd, has been adjudged Best Investment Manager in India in the Euromoney Real Estate Survey 2012. Kotak Realty Fund has aggregate funds under management of approx. Rs. 3,850 crore (US$ 730 million) across five funds managed/advised by it and has carved a niche for itself with its prominent investment and exit track record in India. In aggregate, Kotak Realty Fund has generated exits of approx. Rs. 1,484 crore (US$ 282 million) till date. In its eighth year, Euromoney’s annual Real Estate Survey is regarded as the benchmark award for the real estate industry and surveys the opinions of real estate developers, advisers, investment managers, corporate end-users and banks worldwide. Mr. S. Sriniwasan, CEO, Kotak Realty Fund said, “We are immensely gratified to receive this award, in particular because it is our peers and partners themselves who have ranked us so highly. Our approach is simple and prudent; it revolves around having a keen understanding and insight of the Indian real estate market, selecting marquee Indian developers and thus generating attractive returns for our investors.” ****
About Kotak Realty Fund Kotak Realty Fund, a division of Kotak Investment Advisors Ltd, was established in 2005. The core investment team includes Mr. S Sriniwasan and Mr. Hari Krishna, the founding members, and Mr. Vikas Chimakurthy. Kotak Realty Fund has aggregate funds under management/ advisory of approx. US$ 730 million across five funds. Kotak Investment Advisors Ltd (KIAL), a subsidiary of Kotak Mahindra Bank Limited, primarily focuses on the Alternate Asset Funds business. The Alternate Assets business of the Kotak Group has grown to commitments of approx. US$ 1.14 billion of assets under management across two asset classes namely – Private Equity and Realty Funds, both led by independent teams. For more details on Kotak Realty Fund, please visit http://realtyfund.kotak.com/ For more information, please contact: Phiroza Choksi Kotak Realty Fund Mobile: +91 98203 63681 Email: Phiroza.Choksi@kotak.com
Karan Datt Genesis Burson-Marsteller Mobile: +91 99206 05308 Email: Karan.Datt@bm.com