Page 13 - Latest Updates on Private Equity
PE/VC firms' investments increase by 85% to $11.9 bn during Q1FY21
The value of investments in Q1FY21 was also over 58% higher compared to the immediate previous quarter (which saw $7.5 billion being invested across 231 deals)
 "PE/VC firms' investments increase by 85% to $11.9 bn during Q1FY21")
Manipal Hospitals to sell minority stake to NIIF for Rs 2,100 crore
The amount raised would be partly used to fund the company's acquisition of Columbia Asia Hospitals' India business
 "Manipal Hospitals to sell minority stake to NIIF for Rs 2,100 crore")
IPV and the science, art and psychology of early stage investments
The angel network plans to increase its investor base beyond 5,000; double the number of investee firms and corpus for 2021
 "IPV and the science, art and psychology of early stage investments")
PE, VC partners in journey of new India towards new horizon: Piyush Goyal
Union Minister Piyush Goyal said new India is moving with a new energy towards a bright future, and Private Equity and Venture Capitalists are our partners in this new Journey towards a new Horizon
 "PE, VC partners in journey of new India towards new horizon: Piyush Goyal")
Size of average buyout deals grows smaller in 2021: Refinitiv data
Deals have been coming in at the rate of one every three days
 "Size of average buyout deals grows smaller in 2021: Refinitiv data")
Edelweiss launches Rs 5000 crore fund to tap pre-IPO, late-stage deals
The fund will focus on late-stage PE and Pre-IPO investments
 "Edelweiss launches Rs 5000 crore fund to tap pre-IPO, late-stage deals")
Menda Family Office plans to foray into private equity, industrial parks
The Menda family sold a commercial property portfolio of 12 million square feet (msf) to Canada-based Brookfield Asset Management last year for Rs 14,000 crore
 "Menda Family Office plans to foray into private equity, industrial parks")
Aggregate annual PE deal value has doubled, count up over 60% in last 5 yrs
With the exception of sectors like telecom and utilities, PE investments have outperformed capital markets with an average IRR of 29 per cent
 "Aggregate annual PE deal value has doubled, count up over 60% in last 5 yrs")
Tips on raising funds from govt agencies and PE firms for your startup
Apart from central and state govt schemes that fund new ideas, you have PE/VC firms, angel investors and incubators to help your business see the light of day; just get your business model right
 "Tips on raising funds from govt agencies and PE firms for your startup")
Profit at Japan's SoftBank as lucrative investments swell in value
The firm on Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter
 "Profit at Japan's SoftBank as lucrative investments swell in value")
Blackstone in the final leg of talks to buy out Embassy Industrial Parks
Embassy has a long-standing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT)
 "Blackstone in the final leg of talks to buy out Embassy Industrial Parks")
Indiabulls Housing Finance in talks with PEs to sell 15-20% stake
Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter
 "Indiabulls Housing Finance in talks with PEs to sell 15-20% stake")
Abu Dhabi's ADQ to invest $75 mn in Biocon Biologics for 1.8% stake
Transaction values firm, which plans to list and is a subsidiary of Biocon, at $4.17 bn
 "Abu Dhabi's ADQ to invest $75 mn in Biocon Biologics for 1.8% stake")
PE/VC investments into India from China, Hong Kong fall 72% in CY20
Rules mandating government nod for FDI from neighbours weighed on flows
 "PE/VC investments into India from China, Hong Kong fall 72% in CY20")
PE investment in real estate to drop 31% to $4.6 bn in 2020; $6 bn next yr
Private equity investment in real estate is estimated to fall 31 per cent year-on-year during 2020 to $4.6 billion due to Covid-19
 "PE investment in real estate to drop 31% to $4.6 bn in 2020; $6 bn next yr")
PE investment in real estate to drop 31% at $4.6 bn in 2020; $6 bn in 2021
In its ''Beyond The'20: Private Equity in India Real Estate'', Savills India expects the PE inflow to bounce back and grow by 30 per cent in the next year to USD 6 billion
 "PE investment in real estate to drop 31% at $4.6 bn in 2020; $6 bn in 2021")
Hero Electric targets 10-15% growth in 20-21, scouts for PE investors
The company is looking to increase its capacity by over 200%
 "Hero Electric targets 10-15% growth in 20-21, scouts for PE investors")
Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020
Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.
 "Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020")
KKR picks Gaurav Trehan to replace long-standing India head Sanjay Nayar
Nayar, who has been with the private equity fund since 2009, will transition to a new role as chairman of KKR India
 "KKR picks Gaurav Trehan to replace long-standing India head Sanjay Nayar")
PE/VC investments decline 8% to $41.4 bn during January-November 2020
PE investments in Reliance Group entities accounted for 42%
 "PE/VC investments decline 8% to $41.4 bn during January-November 2020")
