Private Equities

India critical pillar in our global advisory biz, says Rothschild & Co

Rothschild, which set up its India presence in 1999 with a small team, focused on privatisation and cross-border deals, has expanded to 30 bankers covering all sectors

Private equity likely to grow in India as IPOs wane, say industry leaders

The PE sector is expecting a higher number of deals this year, especially in financial services, IT and healthcare sectors

Avendus Capital attracts domestic insurers hunting for private funds

Avendus Capital, the investment bank, which is backed by KKR & Co, is raising as much as Rs 3,000 crore ($343 million) for its Future Leaders Fund III

Global caution sends private equity-backed M&A deal value to 6-year trough

A private equity fund gathers money from investors, particularly high networth individuals and invests in high-return opportunities

PE-VC funds investment declines sharply in July to $2.7 bn: Report

Investments in Indian entities by venture capital and private equity funds declined sharply to USD 2.7 billion in July this year, a report said on Wednesday. The bets were 42 per cent lower than USD 4.6 billion in the preceding month of June, and 35 per cent down from USD 4.1 billion in July last year, the report by industry lobby grouping IVCA and consultancy firm EY, said. Interestingly, the number of deals increased to 81 from 68 transactions in the year-ago period, indicating the deal sizes were down. "The second half of 2024 appears to have had a weak start. We expect PE/VC investors to take a cautious approach as concerns over global uncertainties, inflation and geopolitical tensions play out, influencing the confidence and willingness of investors to deploy additional capital," the firm's partner Vivek Soni said. He added that the budget has been a "net positive" for the sector, and added that the angel tax removal should stimulate investor interest in the start-up space. T

Private equity investments in Indian real estate touches 3-year high

PE investments jump by a whopping 154 per cent sequentially in April-June quarter

Ultra-rich families fuel $20 billion surge in private equity buyouts

Wealthy clans that built their fortunes in industries from children's toys to household boilers have been co-investors on nearly $20 billion of listed company takeovers this year

Honest deal: PE, VC firms seek trust in firms they fund

No deal can advance without mutual trust. Enhancing trust is achievable by implementing higher governance standards, clear communication, ethical practices

Former Sequoia India firm launches new fund Peak XV for early ventures

"We plan to leverage this internal balance sheet to invest in and partner with other fund managers across regions, strategies and sectors," the letter added

PE firms Advent, Multiples to invest Rs 1,930 cr in Svatantra Microfin

The investment follows Svatantra's recent acquisition of Chaitanya India Fin Credit Limited

HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008

The hardening of US Treasury yields also weighed on sentiment and raised concerns about whether the Federal Reserve would lower interest rates at the same pace as the Street has priced

Dry powder decoded: What it means to investors and the financial ecosystem

Dry powder refers to the cash reserves maintained by corporations, private equity funds, and individual investors for strategic investments or during an economic downturn

PEs as villains

While private equity bosses may have negatively impacted numerous companies and lives, is a black-and-white portrayal with no shades of grey justified?

HDFC sells education loan arm HDFC Credila to PE firms for Rs 9,060 crore

The sale of HDFC Credila, the education loan arm of the Housing Development and Finance Corporation (HDFC), comes ahead of the completion of HDFC's merger with HDFC Bank

PE/VC investments dip 29% YoY to $54.2 bn in 2022 amid funding woes

Despite this decline, 2022 marks the second-best year for PE/VC investments in India to date; dip largely due to smaller deal sizes amid stable volumes

Sell-downs, IPOs dominate private equity exits in November, shows data

November proved to be a good month for private equity (PE) and venture capital (VC) funds as far as exits via initial public offerings (IPOs) and sell-downs in listed firms were concerned

Carlyle, Advent buy 9.99% stake in Yes Bank, to pump in about Rs 8,896 cr

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity. The bank has allotted a total of 369.61 crore shares of face value Rs 2 each and 255.97 share warrants convertible into equity shares of face value Rs 2 each on a preferential basis to CA Basque Investments, a Carlyle Group entity, and Verventa Holdings Limited, an Advent group entity, Yes Bank said in a regulatory filing. Pursuant to the allotment of the equity shares, the total issued and paid-up share capital of Yes Bank has increased from Rs 5,011.31 to Rs 5,750.54, it said. CA Basque Investments was allotted 184.80 shares with a face value of Rs 2 at an issue price of Rs 13.78 and 127.98 share warrants carrying a right to exercise, get issued and allotted 1 (One) equity share with a face value of Rs 2 for each warrant at a pr

Finance ministry panel mulls 'broad-based' regulations for PE/VCs

FinMin panel has sought inputs from the Big Four audit firms

Ontario Teachers' opens India office, hires Keki Mistry as advisor

The Mumbai office will target investments in India across all asset classes, including public and private equities, infrastructure, real estate, credit and venture and growth equity

PE/VC investments fall 80% to a 19-month low in August, says report

The month recorded the highest ever exits at USD 3.1 billion, making it the best month from sell-offs perspective, according to the report by industry lobby IVCA and the consultancy firm EY.