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ADIA invests $235 mn in Mindspace REIT;  Blackstone makes full exit

Infrastructure

10 January, 2022

ADIA invests $235 mn in Mindspace REIT; Blackstone makes full exit

Global asset management firm Blackstone Inc on Monday sold its balance 9.2% stake in real estate investment trust Mindspace Business Parks ......

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Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Finance

30 December, 2021

Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......

Indiabulls Real Estate plans to raise up to $200 mn through share sale

Finance

22 December, 2021

Indiabulls Real Estate plans to raise up to $200 mn through share sale

Sameer Gehlaut promoted real estate developer Indiabulls Real Estate Ltd on Wednesday said that its board has approved a fundraising ......

Warburg Pincus closes $2.8 billion inaugural Asia real estate fund

Infrastructure

22 December, 2021

Warburg Pincus closes $2.8 billion inaugural Asia real estate fund

U.S. private equity powerhouse Warburg Pincus has closed its inaugural Asia-focused real estate fund at $2.8 billion, the firm said ......

ADIA, Blackstone acquire stake in Indiabulls Housing Finance

Finance

17 December, 2021

ADIA, Blackstone acquire stake in Indiabulls Housing Finance

Sameer Gehlaut, who founded Indiabulls Group two decades ago, along with a couple of co-founders, sold 11.78% stake in the ......

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Our first focus is to expedite growth in the US: Simplilearn founder

TMT

30 November, 2021

Our first focus is to expedite growth in the US: Simplilearn founder

Simplilearn Solutions Pvt. Ltd, which provides a training destination for professional certification courses, on Tuesday conducted its first-ever employee stock ......

Blackstone exits S H Kelkar, books 4.5x return

Manufacturing

09 November, 2021

Blackstone exits S H Kelkar, books 4.5x return

Blackstone Group Inc. sold its balance 10% stake in fragrances and flavours company S H Kelkar & Company in a ......

Nexus Malls to expand portfolio via Blackstone's acquisitions

Infrastructure

22 October, 2021

Nexus Malls to expand portfolio via Blackstone's acquisitions

Nexus Malls, which is owned by Blackstone Group Lp, is looking to expand its portfolio of shopping malls through aggressive ......

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Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Finance

22 October, 2021

Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Blackstone Group Inc. has reported a multiple on invested capital (MOIC) of 3.9x for its first Asia fund BCP Asia ......

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Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

Finance

10 October, 2021

Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

US private equity major Blackstone Group is likely to make an over five times return on its investment in Fino ......