Kotak launches quasi private-equity fund

FinanceAsia spoke with Prakash Ramaseshan, fund manager of the new Kotak India Focus Fund, about private equity and what makes this new offering different.FA: What is Kotak's past experience in the private equity space?Ramaseshan: Kotak launched the India Growth Fund in 2004 with a corpus of $160 million to invest primarily in unlisted private companies with unidentified potential. In less then two years, we have had unprecedented deal flow of more than one deal per day. What is the f…