The new buyout fund, Blackstone's third in Asia, will primarily focus on India with the largest percentage of capital allocated there
The ace fund manager was reacting on 'X' to a Business Standard story that quotes a Reserve Bank of India (RBI) data on gross FDI flows into the country in FY24
Anarock report also noted that while the number of deals in FY24 increased to 49 from 48 in FY20, the aggregate deal value has decreased due to a significantly lower average deal size
About 80% of the fund will come from backers of Kedaara's previous funds and 20% will come from new ones that include US- based Cleveland Clinic and the University of Minnesota
A report by Bain and Company said that the Covid-19 lockdowns, declining growth, and US-China tensions led to a 53% drop in Greater China deal value in 2022
Private equity inflows plunged 75.4 per cent to USD 2.2 billion in the March quarter, making it the sixth consecutive quarter of decline, amid global macroeconomic and geopolitical headwinds, according to a report. At USD 2.2 billion of inflows, this is the lowest private equity investment in the country since 2018, when it stood at USD 1.7 billion, according to the data tabulated by the financial markets data and insights provider Refinitiv, an LSEG Business unit. Internet-specific and computer software companies continued to attract the largest share of private equity capital, the report said. However, its share declined to 58 per cent from 75 per cent in the same period last year, primarily due to fewer deals. With turbulent market conditions and uncertainty, private equity fundraising activity also fell 41 per cent this year compared to the first quarter of 2022 and saw a 45 per cent decline sequentially. On a sequential basis, the Q1 decline was 31.9 per cent year-on-year when
The Securities and Exchange Board of India (Sebi) has sought comments from the public till January 29 on the proposals
Consortium of foreign funds, investment companies will be allowed to own over 51% of IDBI Bank
Under the current guidelines, to invest in insurance companies as "promoter", a PE fund can do so only through an SPV
The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore
While the CCI has no issues with PEs owing minority stakes in rival companies, the watchdog wants these funds to choose only one firm in terms of board representation
On a sequential basis the inflows are down 32 per cent from $50.4 billion, the report said
The report said the average deal size of PE investments in proptech to an all-time high of $25 million in 2021
The deal activity showed an increase of 54 per cent by value at USD 15.5 billion across 360 deals, largely on the back of heightened activity in the startup space
PE funds are increasingly exploring longer investment options beyond the standard five- to 10-year template
ICICI Venture is also looking at other opportunities such as investing in companies which are eligible for the production-linked incentive (PLI) scheme in the manufacturing sector
PE players are betting big on the future growth of electric vehicles
Texas-based private equity firm Lone Star Funds has laid off most of its investment team in Asia outside Japan in a major retreat from the region
About 18 to 20 per cent of the fund will be contributed by Motial Oswal
Experts say while global funds may want to consider shifting their India portfolios to IFSC, the move would result in splitting the fund into two, which may not be acceptable to investors