Page 2 - Pe Firms
Warburg Pincus is looking to exit joint venture with Embassy Group
"Warburg is not happy with the speed with which the land acquisition and development happened in the JV," said sources.
 "Warburg Pincus is looking to exit joint venture with Embassy Group")
Nirma in talks with Apollo Global Management, Bain for Emami Cement bid
Nuvoco is among the bidders for Emami Cement, which has picked Arpwood Capital and Credit Suisse Group AG to manage the sale of the unit as Bloomberg News previously reported
 "Nirma in talks with Apollo Global Management, Bain for Emami Cement bid")
Land-buying hurdle hits private equity firms betting on warehousing units
The JV had an equity base of $250 million. Four years since the signing of the pact, people in the know say the JV may invest just $100 million
 "Land-buying hurdle hits private equity firms betting on warehousing units")
PE firm Advent acquires women's innerwear brand Enamor in Rs 320 cr deal
The transaction is Advent's eighth investment in India in the past four years and its fourth in the consumer goods sector during the same period
 "PE firm Advent acquires women's innerwear brand Enamor in Rs 320 cr deal")
Aditya Birla Capital to raise Rs 2,100 crore from promoter, PE firms
US-based private equity firm Advent International will put in Rs 1,000 crore via its affiliate Jomei Investment Limited
 "Aditya Birla Capital to raise Rs 2,100 crore from promoter, PE firms")
V G Siddhartha's death: Wrong to project us as villains, say PE leaders
They say the notion that PE investors leverage bait-and-switch to lure promoters and entrepreneurs into lose-lose situations through debt products is misleading
 "V G Siddhartha's death: Wrong to project us as villains, say PE leaders")
PE firm Convergent Finance leads $22 mn funding in Hindustan Foods
Hindustan Foods makes a range of food and non-food products in the cosmetics, personal care and home care space for top FMCG customers
 "PE firm Convergent Finance leads $22 mn funding in Hindustan Foods")
Private equity firms see gold in mid-size Indian IT firms
Indian IT firms, especially in the mid-tier segment, have seen a rise of private equity firms taking stake to change their fortunes.While faster technology at mid-size IT services companies have attracted PE firms such as Blackstone, Carlyle, ChrysCap, Bain Capital, The Baring Asia and others to invest in the sector; PE-backed companies have seen faster growth at a time when their large listed peers slowed down due to uncertain market. Take the case of ChrysCapital. The Mauritius-based PE firm, which has earned significant returns from companies such as HCL Technologies, Infosys, Mphasis in the past, picked up nearly 4.5 per cent stake in Cyient in May 2013 for Rs 80-90 crore ($15 million). The firm got nearly Rs 80 crore ($13 million) through the open market transaction a few weeks ago. Its remaining stake is worth around Rs 260 crore at Cyient.Analysts say PEs come in with two major growth drivers - fund at a time of business transition and the portfolio companies at least start ...
 "Private equity firms see gold in mid-size Indian IT firms")
PE firms, partners build teams for mall buyouts
Global investors display growing interest in Indian retail growth story
 "PE firms, partners build teams for mall buyouts")
Bridging the funding gap: PE firms cash in on last-mile financing in real estate
70-80% of all realty funding is last-mile financing
 "Bridging the funding gap: PE firms cash in on last-mile financing in real estate")
