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Kotak Alts Closes ₹5,000-Crore Fund, Domestic Capital Drives Private Markets Expansion

Mumbai: Kotak Alternate Asset Managers Limited, the alternative investment arm of Kotak Mahindra Group, has announced the final close of its Kotak Yield & Growth Fund at ₹5,000 crore. The Category II Alternative Investment Fund has raised its entire corpus from domestic investors, underlining the expanding role of Indian capital in the country’s private credit and real assets markets. Fund Grows…

Kotak Alts Closes ₹5,000-Crore Fund, Domestic Capital Drives Private Markets Expansion

Kotak Alternate Asset Managers has concluded its Kotak Yield & Growth Fund with a total of ₹5,000 crore, all funding sourced domestically. This Category II Alternative Investment Fund (AIF) attracted commitments from a variety of Indian investors, including institutional investors, family offices, and ultra-high-net-worth individuals.

The fund had amassed ₹3,900 crore during its initial closing in February 2026. Kotak Alts will now allocate the capital towards private credit, real assets, and selective growth opportunities, with a focus on businesses that generate steady cash flow and mid-to-large-sized enterprises.

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