Bain Capital

Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 307 crore as part of a strategy to enhance annual rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In May 2022, the company announced a tie-up with Bain Capital and Ivanho Cambridge to set up a platform that will invest around USD 1 billion to develop digital infrastructure space, including warehousing and industrial parks across India. Macrotech Developers had in September this year acquired the interest of Ivanhoe Warehousing India Inc (Ivanhoe) in the digital infrastructure platform entities for Rs 239.56 crore. Now, it has given exit to Bain Capital. In a regulatory filing on Thursday, the company said it has "executed Securities Purchase Agreements with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 307 crore as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing on Thursday, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital Infrastructure Development Management Pvt Ltd, Palava Induslogic 4 Pvt Ltd and Bellissimo In City FC Mumbai 1 Pvt Ltd), in entirety at a consideration of Rs 307 crore". Bain Capital had a 30 per cent stake in Bellissimo Digital Infrastructure Development Management Pvt Ltd and a 33.33 per cent stake each in the other two entities. This is in line with the company's objective of gradual

Blackstone is likely to prevail in the auction for ROIC that has also attracted interest from other private equity firms, including Bain Capital, the sources said

A growing pipeline of deals is nudging India's private credit market closer to the $10 billion mark as Prime Minister Narendra Modi's infrastructure push fuels a boom in funding among mid-sized firms

Nearly 90 per cent of the capital raised for the new fund was from local family offices and high net worth individuals

Bain Capital is offering $63.15 per share in cash

The issue, with a price band of Rs 960 to Rs 1,008 per share, will be open for public subscription till July 5. The IPO comprises fresh issuance of equity shares worth Rs 800 crore

Bain-owned Tyger Capital targets 4x growth in book to Rs 15,000 cr

Major foreign private equity firms like Blackstone, Bain Capital, and Singapore's Temasek seek up to 76% stake in the Indian food giant

"We believe that an acceleration of effort by countries, corporates and investors is imperative as Southeast Asia remains woefully off-track," said Kimberly Tan, GenZero's managing director

Among the buyers were a clutch of domestic as well as foreign funds

Bain sold 33.4 million shares in the block trade, according to a term sheet reviewed by Reuters

The price range for the share sale has been set at Rs 1,071 - Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank's last close of Rs 1,076 per share

The private equity firm, which first purchased shares in the bank in November 2017, will exit its entire holding with Tuesday's stake sale, a source familiar with the matter told Reuters

The Boston-based firm also plans to increase its team of 25 private equity and special situations investment professionals by 15 per cent to 20 per cent over the next two or three years

Demand in Southeast Asia and North Asia is expected to expand about 25% a year through 2028, according to Cushman & Wakefield data. That compares with 14% a year in the US

This comes after the direct shareholding of entities affiliated with Bain Capital in the bank came down below two per cent

More than 50 entities, largely comprising foreign funds, were among the buyers, including Societe Generale, Morgan Stanley, Goldman Sachs and UBS

Societe Generale, Goldman Sachs, UBS and Morgan Stanley were among the buyers of Axis Bank shares on Wednesday as Bain sold its stake, exchange data showed