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Kotak's stressed assets fund inks debut deal

By Beena Parmar

  • 14 Jan 2020
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Kotak's stressed assets fund inks debut deal
Credit: 123RF.com

The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told VCCircle, with a transaction to buy a stake in a steel company. Kotak Special Situations Fund bought a 5.08% stake in listed Jindal Stainless Ltd last week from four lenders, the move coming after the ......

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