The German insurer's recent investment in Kotak’s real estate debt platform is the latest sign that global asset owners are continuing to eye Indian private credit strategies.
A new piece of research by the Urban Land Institute and PwC says global investors are keen to pour more funds into the region, due to its economic strength and good demographics.
The country's second-largest life insurer plans a higher allocation to domestic equities and real estate assets. It also intends to focus its attention on US debt.
Asset owners look for hospitality investments in Asia; multiple investors seek private debt possibilities in India; KKR seeks $12b for global infrastructure fund; Metlife's institutional asset management arm originates $15.7b of private debt in 2020 and more.
Some of the country's family offices are aiming to build larger positions in unlisted investments in order to take advantage of its maturing alternative asset sector.
Senior executives at the two state funds outline how they are assessing the challenges of investments in hospitality and office assets in the wake of the coronavirus crisis.