Kotak raises $90 million in infrastructure fund, company says - Times of India

The author has posted comments on this articleReuters | Mar 12, 2013, 10.04PM IST MUMBAI: Kotak Mahindra Bank has raised about $90 million for a dedicated fund to invest in infrastructure sector, the company said in a statement on Tuesday. The fund, Core Infrastructure India Fund Pte Ltd, will invest in companies engaged in industries like power generation and transmission, transportation, water treatment and supply, waste management and gas transmission in India, Kotak said. Japan's Sumitomo Mitsui Banking Corp, an af filiate of Brookfield Asset Management, Japan Bank for International Co-operation are the other main investors, in addition to Kotak Group, the statement said. via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFMYYm8mqvD17wDlan89tEYewWbYg&url=http://timesofindia.indiatimes.com/business/india-business/Kotak-raises-90-million-in-infrastructure-fund-company-says/articleshow/18934154.cms

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