The Fund

Kotak Realty Fund, established in May 2005, is one of India's first private equity funds with a focus on real estate and real estate intensive businesses. Kotak Realty Fund operates as a venture capital fund, under the SEBI Venture Capital Fund Regulations, 1996 in India. The fund's corpuses have been contributed by leading banks, domestic corporates, family offices and high net worth individuals. The fund is closed ended and has a life of seven years.

Investment Formats

The funds would seek equity investments in development projects, enterprise level investments in real estate operating companies, and in real estate intensive businesses not limited to hotels, healthcare, retailing, education and property management. Further, the funds would also be investing in non-performing loans with underlying property collateral.

Asset Class

The funds would invest in all the main property asset classes such as residential (townships, luxury residential, low cost housing, golf communities), hospitality (hotels and serviced apartments), office (core and business parks), shopping centers and alternative asset classes such as logistics and warehousing.

Geographical Locations

In order to achieve geographical diversity, the funds would invest in not just the Tier I cities such as Mumbai, NCR and Bangalore but also in Tier II cities such as Pune, Kolkatta, Hyderabad and Chennai) and other Tier III cities, examples of which are Nagpur, Coimbatore, Mysore and Ludhiana)

The Fund Manager believes that through diversification in geographies, asset class and investment formats, the Funds should be well positioned to achieve superior risk adjusted returns.

Fund Management Team

Kotak Realty Fund is managed by its investment team located in Mumbai, India and supported by an organization in which thought leadership, contrarian play, due diligence, communication and collaborative partnerships take precedence. The Funds have a core team of professionals dedicated to sourcing, analyzing, executing and managing the investments. This unique team brings together profiles combining real estate corporate finance advisory, investment banking, venture capital, infrastructure development and finance, and REITS valuation experience.