Kotak Alts Closes $1 Billion Real‑Estate Fund, ADIA and NPS Korea Invest

Kotak Alts announced the closure of a $1 billion real‑estate fund. The fund attracted fresh capital from ADIA and NPS Korea. The investment signals confidence in the Indian property market. Kotak Alts aims to deploy the capital across selected assets. The fund’s size underscores growing interest from institutional investors. ADIA and NPS Korea placed bets to diversify their portfolios. The closure marks a milestone for Kotak Alts’ alternative strategies. Market observers will watch how the fund’s assets perform.