Allianz Investment Management partners with Kotak Investment Advisors March 15, 2021 To invest in Indian private credit market Kotak Investment Advisors Limited (KIAL) and Allianz Investment Management SE (Allianz) – the investment management arm of Allianz Group —have announced their partnership for investing in Indian private credit market. In February 2021, Allianz made its maiden credit investment of $150 million in KIAL’s 11th Real Estate Debt Fund that achieved a closure of $380 million. KIAL’s Real Estate Fund primarily focusses on financing early- and late-stage real- estate projects across geographies in India. Allianz’ total private credit investments in India so far is worth approximately $ 650 million and it is looking to increase it to $1 billion in 2021.