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Large firms bank on PEs to fund new businesses

Finance

29 October, 2021

Large firms bank on PEs to fund new businesses

India’s top conglomerates are increasingly relying on private equity funds to finance their new businesses, eschewing the debt-fuelled growth that ......

JC Flowers, Eight Capital to launch distressed fund backed by IFC

Finance

27 January, 2021

JC Flowers, Eight Capital to launch distressed fund backed by IFC

US-based PE firm JC Flowers and India’s distressed assets investor Eight Capital will launch a $500 million (about Rs 3,640 ......

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

General

25 January, 2021

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

At least three global private equity firms are in a race to acquire power equipment firm Luminous Power Technologies from ......

Grapevine: UBS may invest in Paytm; Indiabulls Housing in stake sale talks with PEs

General

15 January, 2021

Grapevine: UBS may invest in Paytm; Indiabulls Housing in stake sale talks with PEs

Swiss investment bank UBS Group AG’s asset management arm, along with some of its Swiss clients, is in discussions to ......

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Three AION Capital execs quit as Apollo-ICICI Venture JV ends

Finance

06 November, 2020

Three AION Capital execs quit as Apollo-ICICI Venture JV ends

Three senior executives have formally exited AION Capital Partners after Indian private equity firm ICICI Venture and US-based Apollo Global ......

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Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Consumer

02 November, 2020

Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Future Group’s multi-billion-dollar deal with Reliance Industries Ltd, which has been challenged by Amazon.com Inc, has left a half-dozen private ......

KKR's third-quarter earnings rise on capital market strength

Finance

02 November, 2020

KKR's third-quarter earnings rise on capital market strength

Private equity firm KKR & Co Inc said on Friday its after-tax distributable earnings rose 6% year-on-year in the third ......

Apollo Global Q3 earnings drop as CEO faces heat from investors

Finance

29 October, 2020

Apollo Global Q3 earnings drop as CEO faces heat from investors

Apollo Global Management Inc, the private equity firm under investor scrutiny over CEO Leon Black's ties with late financier and ......

Apollo seeks to tame investor concerns over CEO's ties to Epstein

Finance

22 October, 2020

Apollo seeks to tame investor concerns over CEO's ties to Epstein

Apollo Global Management Inc said on Wednesday it would launch an independent review of Chief Executive Leon Black's ties with ......

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India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event

Finance

06 August, 2020

India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event

There is plenty of foreign capital available to tap into the stressed asset market in India despite the coronavirus pandemic ......