Sanat Vallikappen

Mumbai: Alternate assets player Kotak Investment Advisors, a subsidiary of Kotak Mahindra Bank, is set to launch an infrastructure fund.

C Jayaram, executive director of Kotak Mahindra Bank, said the fund will invest in core infrastructure verticals such as roads, ports, airports and power.

The move will mark Kotak's entry into a third alternate asset. It currently manages two private equity funds that split $225 million between them and 3 real estate funds with total assets under management of $700 million.

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Posted by dcjaya at February 2, 2008 12:35 AM