Kotak Alternate Asset Managers, a part of Kotak Mahindra Group (Kotak) which focuses on alternate assets management and investment advisory businesses, announced the appointment of Eshwar Karra as Deputy Managing Director.
In his new role, Eshwar will be responsible for driving strategic initiatives across the firm, while continuing to strengthen Kotak Alts’ position as a leading player in the alternative investment landscape.
Eshwar joined the Kotak Mahindra Group in 2000 and brings with him over two decades of financial services experience.
Prior to this role, he was CEO of Kotak Special Situations Fund where he oversees investments across all special situations, credit and stressed assets opportunities.
Prior to Kotak Special Situations Fund, Eshwar was the CEO of Phoenix Asset Reconstruction Company (a Kotak-sponsored ARC) which had an AUM of $1 billion.
Srini Sriniwasan, Managing Director, Kotak Alts said, “Eshwar has been an integral part of the Kotak Leadership Team and has played a pivotal role in leading the Private Credit strategy. His leadership and expertise in consistently delivering strong results in complex investment scenarios have helped shape the group’s investment approach and further strengthened Kotak Alts’ leadership position in the alternative investment space.”
Eshwar Karra, Deputy Managing Director, Kotak Alts, said, “I’m excited about the journey ahead and grateful for the confidence reposed in me by the Kotak Leadership Team. Together, we will continue to strengthen Kotak Alt’s position as a leading force in India’s alternatives ecosystem.”
