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 ......
Kotak's stressed assets fund inks debut deal
By Beena Parmar
- 14 Jan 2020