Kotak wraps up investments from $1 bn special situations fund with new deal

Kotak Special Situations Fund (KSSF), part of Kotak Mahindra Group’s alternative asset management arm, has completed the deployment of its entire $1 billion corpus after making an investment in the healthcare sector.  The fund said Wednesday it has invested Rs 1,070 crore (about $129 million) in Kiran Mazumdar Shaw-led Biocon Ltd. ......