Altico Capital
Infrastructure
Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans
Mumbai-based real estate development firm Nirmal Lifestyle Ltd has been admitted for bankruptcy on a plea filed by IDBI Trusteeship ......
Finance
Weekly Deal Wrap: Mega PE cheques thrust Warburg, Ares SSG into limelight
Private equity accounted for the biggest deals in the second week of March with Ares SSG and Warburg Pincus paying ......
Finance
Ares SSG completes purchase of Altico Capital
Hong Kong-based stressed asset specialist Ares SSG has marked its single-largest investment in India by completing the acquisition of Altico ......
Infrastructure
KKR ropes in former Altico exec to spearhead new India infra platform
Private equity firm KKR & Co has roped in a former Altico Capital executive to head up a new India ......
Finance
Fund Scan: How debt and distress dominate Ares SSG's playbook
For a credit-focussed investor that likes to stay under the radar, SSG Capital has made a lot of moves in ......
Infrastructure
Ares SSG looks to step up India real estate play after sealing Altico deal
Hong Kong-based stressed asset specialist Ares SSG Group plans to expand its real estate playbook in India as it explores ......
Finance
At mercy of banks, cash-tight NBFCs face new turmoil
India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s third-largest economy, ......
General
Grapevine: General Atlantic eyes stake in Haldiram's; Altico suitors revise bids
Homegrown snacks maker Haldiram’s is in talks with US-based private equity firm General Atlantic to sell a minority stake, a ......
Finance
Cerberus revises bid for Altico to beat off rival suitor SSG Capital
US-based private equity group Cerberus Capital Management has revised its offer for shadow bank Altico Capital India, a senior executive ......
General
Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions
Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange rate) ......