Bain Capital-backed 360 ONE Asset bets on CDMO player from TPG’s portfolio
360 ONE Asset, an asset management firm backed by private equity firm Bain Capital, has invested in TPG-backed contract drugmaker OneSource Specialty Pharma in a secondary transaction. This comes within a month of the firm investing in fertility treatment provider A4 Hospitals. While the companies haven’t disclosed the financial details of the transaction, ......
Former TPG NewQuest exec floats PE fund for growth-stage bets
A former senior executive of TPG NewQuest, which has invested in companies such as ShadowFax, Halonix Technologies, and U Gro Capital, among others, has floated a new firm that will make investments across startups, growth stage companies, and public firms, VCCircle has learned. TPG NewQuest is a part of private equity firm TPG. Sachin ......
Neo Asset to foray into PE with new fund; ropes in ex-TPG NewQuest exec
Neo Asset and Wealth Management, the wealth management arm of Mumbai-based Neo Group, is set to float a private equity (PE) fund as it forays into the asset class after having raised capital for its private credit and infrastructure funds, VCCircle has gathered. The asset manager, whose parent company is backed by ......
TPG-owned Grihum Housing's AUM soars past $1 bn mark in Q1
Non-banking lender Grihum Housing Finance, erstwhile known as Poonawalla Housing Finance, reported a rise in its financial metrics for the first quarter of FY25, with its assets under management scaling the $1 billion milestone. The HFC, which was taken over by TPG in a control style deal in July 2023, reported a ......
Consortium of new investors backs TPG-owned green player Fourth Partner Energy
A consortium comprising three marquee global investors has backed TPG-owned renewable energy major Fourth Partner Energy with an investment of $275 million (Rs 2,280 crore) that will help the company expand and reach a target portfolio of 3.5GW of assets by 2026. Fourth Partner Energy – 52% owned by private equity ......
SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO
Indian baby products retailer FirstCry's $501 million IPO overcame a sluggish start to garner bids worth $3.36 billion at close of the share sale on Thursday, as investors bet on growth for baby and child products in the world's most populous country. FirstCry, backed by Japan's SoftBank, TPG and India's Mahindra ......