Mumbai,
September 25, 2009
Kotak Realty Funds Group, one of India's earliest private equity funds with a focus on investing in real estate and real estate intensive businesses, has been named ‘Investor of the Year’ at the GIREM Leadership Awards 2009.
The GIREM Leadership Awards are designed to recognize individuals and companies in the Indian realty and infrastructure fields for their leadership, innovation and best practices. A high level jury panel of independent judges was set up to review the nominees and select the award winners.
Speaking on the occasion, Mr. V. Hari Krishna, Director – Investments, Kotak Realty Funds Group said, “We at Kotak Realty Funds are proud to receive this award from GIREM. This award is a testimony to our commitment to partner with leading Indian real estate developers to build quality projects across the country, while generating attractive returns for our investors.”
About Kotak Realty Funds Group
www.kotakrealtyfund.com
Kotak Realty Funds Group (KRFG) is a division of Kotak Investment Advisors Ltd (KIAL) that focuses on managing/ advising funds for investments in the real estate sector in India. Established in May 2005, it is one of India's earliest private equity funds with a focus on investing in real estate and real estate intensive businesses. Our realty investment funds actively consider investment opportunities with local developers and projects in residential, commercial and other real estate sectors.
Kotak Investment Advisors Ltd (KIAL), a subsidiary of Kotak Mahindra Bank Limited, primarily focuses on managing / advising the Alternate Assets business of Kotak Group. The Alternate Assets business of the Group has grown to commitments of US$ 1.2 billion assets under management across two asset classes namely – Private Equity and Realty Funds, both led by independent Investment teams.
As part of KIAL, KRFG currently manages two funds that are domiciled in India and advises one offshore fund.
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