Try GOLD - Free
Kotak plans $2-bn private credit fund as demand rises
Financial Express Ahmedabad
|March 18, 2026
KOTAK ALTERNATE ASSET Managers is aiming to raise as much as $2 billion for its third private credit fund, stated Managing Director Srini Sriniwasan, highlighting strong investor appetite for the asset class even as global concerns grow.
The firm is targeting a final close by September, and is betting on opportunities across sectors such as data centers, pharmaceutical, diagnostics, steel and cement, Sriniwasan said.
The launch comes at a time when private credit markets in the US have been shaken by a series of high-profile setbacks, with lenders marking down investments. Rising redemption requests have also forced firms including Morgan Stanley and Cliffwater to cap withdrawals from some of their funds.
This story is from the March 18, 2026 edition of Financial Express Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Ahmedabad
Financial Express Ahmedabad
Welfare success meets global supply crunch
India’s LPG demand has surged due to welfare initiatives. While a safety net is necessary, simply subsidising LPG will only keep consumption high
4 mins
March 18, 2026
Financial Express Ahmedabad
Sarvam, Mistral AI join Nvidia open AI coalition
NVIDIA HAS ANNOUNCED a global collaboration of AI developers and open model builders, bringing together companies, including Sarvam AI, to advance frontier open artificial intelligence models through shared research, data and computing resources.
1 min
March 18, 2026
Financial Express Ahmedabad
ECB borrowings in January at 10-mth high of $5.3 bn
The figure marks a clear jump from $4.4 bn in Dec and higher than the $2.2-2.4-bn levels in Oct and Nov
1 min
March 18, 2026
Financial Express Ahmedabad
Chemicals sector to reach $255 bn by '30: McKinsey
INDIA'S CHEMICALS INDUSTRY is set to outpace economic growth and expand to $230-255 billion by 2030, driven by emerging high-growth segments, according to a report by McKinsey & Company.
1 mins
March 18, 2026
Financial Express Ahmedabad
BNP Paribas eyes $400-bn inflows after Axa IM
BNP PARIBAS EXPECTS to attract €350 billion ($400 billion) in net inflows at its asset management business by 2030 following the acquisition of Axa’s investment unit.
1 min
March 18, 2026
Financial Express Ahmedabad
Study flags kids’ confusion over online content
YOUNGSTERS ARE FINDING it difficult to distinguish between online content and commerce, according to a study by the Advertising Standards Council of India (ASCI) released on Tuesday.
1 min
March 18, 2026
Financial Express Ahmedabad
Exports of marine & meat products up 15% in Apr-Feb
Rice shipments fall due to conflict in West Asia
2 mins
March 18, 2026
Financial Express Ahmedabad
Kotak plans $2-bn private credit fund as demand rises
KOTAK ALTERNATE ASSET Managers is aiming to raise as much as $2 billion for its third private credit fund, stated Managing Director Srini Sriniwasan, highlighting strong investor appetite for the asset class even as global concerns grow.
1 mins
March 18, 2026
Financial Express Ahmedabad
'Digital economy to account for 20% of GDP by 2030'
INDIA'S DIGITAL ECONOMY is projected to account for nearly 20% of the country's gross domestic product (GDP) by 2030, driven by a growth rate that is double that of the broader economy, a senior government official said on Tuesday.
1 min
March 18, 2026
Financial Express Ahmedabad
Renewable energy generation boom stymied by grid constraints
Over 35 GW RE capacity faces curtailment risk by FY27: Crisil
2 mins
March 18, 2026
Listen
Translate
Change font size