Kotak Alternate Asset Managers completed a $142m investment in Ace Designers.

Kotak Alternate Asset Managers, a company specializing in private equity and alternative investments, completed a $142m investment in Ace Designers, a company focused on manufacturing CNC turning centres and machining equipment. "This partnership with Kotak Alts will be a powerful catalyst for accelerating our investments in technology, capacity, and talent," SG Shirgurkar, Ace Designers Promoter.