{
  "crd_number": 317952,
  "slug": "kotak-alternate-asset-managers-limited-mumbai-317952",
  "primary_business_name": "KOTAK ALTERNATE ASSET MANAGERS LIMITED",
  "legal_name": "KOTAK ALTERNATE ASSET MANAGERS LIMITED",
  "dbas": [],
  "city": "Mumbai",
  "state": null,
  "country": "India",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-04-13",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-06-30",
  "carried_forward": false,
  "raum_total": 18517892257.0,
  "raum_discretionary": 3813664039.0,
  "raum_non_discretionary": 14704228218.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 214,
  "advisory_employees": 50,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 6843359046.0,
      "count": 1181
    },
    "pooled_investment_vehicles": {
      "raum": 3910915827.0,
      "count": 27
    },
    "corporations_other_businesses": {
      "raum": 7763617384.0,
      "count": 637
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "CA",
    "FL",
    "IL",
    "LA",
    "MA",
    "NJ",
    "NY",
    "PA",
    "TX"
  ],
  "websites": [
    "https://kotakalternateasset.com/investment-advisory",
    "https://linkedin.com/company/kotakalt",
    "https://x.com/KotakAlts"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317952",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "MUMBAI",
  "url": "https://advisorcensus.com/firm/kotak-alternate-asset-managers-limited-mumbai-317952",
  "display_name": "Kotak Alternate Asset Managers Limited",
  "summary": "Kotak Alternate Asset Managers Limited is an SEC-registered investment advisory firm in Mumbai, India, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.",
  "citation": "AdvisorCensus. Kotak Alternate Asset Managers Limited (CRD 317952): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Kotak Alternate Asset Managers Limited compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Kotak Alternate Asset Managers Limited reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Kotak Alternate Asset Managers Limited located?",
      "a": "Kotak Alternate Asset Managers Limited's principal office is in Mumbai, India, according to its Form ADV; the July 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Kotak Alternate Asset Managers Limited registered with the SEC or a state?",
      "a": "Kotak Alternate Asset Managers Limited is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 317952."
    },
    {
      "q": "How much does Kotak Alternate Asset Managers Limited manage?",
      "a": "Kotak Alternate Asset Managers Limited reports $18,517,892,257 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (21% discretionary)."
    },
    {
      "q": "How have Kotak Alternate Asset Managers Limited's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Kotak Alternate Asset Managers Limited: Regulatory assets under management: $11,528,361,130 in the October 2023 data and $18,517,892,257 in the October 2026 data, up 61%. Total employees: 257 in October 2023 and 214 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Kotak Alternate Asset Managers Limited serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (1,181); corporations or other businesses not listed above (637); pooled investment vehicles (other than investment companies and business development companies) (27)."
    },
    {
      "q": "Does Kotak Alternate Asset Managers Limited report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/317952"
    },
    {
      "q": "Does Kotak Alternate Asset Managers Limited state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 30, 2026 says: \"In general, we require a minimum of USD 5 million to open and maintain an advisory account. At our discretion, we have waived, and may in the future waive, this minimum account size.\""
    },
    {
      "q": "What changed in Kotak Alternate Asset Managers Limited's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 44 to 50. Registered or notice-filed in LA, MA. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 11528361130.0,
      "total_employees": 257,
      "filing_date": "2023-07-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 17653318268.0,
      "total_employees": 269,
      "filing_date": "2024-06-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 20238710393.0,
      "total_employees": 313,
      "filing_date": "2025-06-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 18517892257.0,
      "total_employees": 214,
      "filing_date": "2026-06-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 44 to 50.",
        "Registered or notice-filed in LA, MA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "In general, we require a minimum of USD 5 million to open and maintain an advisory account. At our discretion, we have waived, and may in the future waive, this minimum account size."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "In general, we require a minimum of USD 5 million to open and maintain an advisory account. At our discretion, we have waived, and may in the future waive, this minimum account size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/kotak-alternate-asset-managers-limited-mumbai-317952.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1181,
      "fewer_than_5": false,
      "raum": 6843359046.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 27,
      "fewer_than_5": false,
      "raum": 3910915827.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 637,
      "fewer_than_5": false,
      "raum": 7763617384.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317952",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}