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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 ......

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Bain Capital battles Blackstone to buy Piramal Glass

Manufacturing

02 November, 2020

Bain Capital battles Blackstone to buy Piramal Glass

US-based private equity firm Bain Capital has joined bigger rival Blackstone Group Inc. in the race to take control of ......

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 ......

Carlyle reports better-than-expected third-quarter earnings

Finance

29 October, 2020

Carlyle reports better-than-expected third-quarter earnings

Buyout firm Carlyle Group Inc reported on Thursday a smaller-than-expected 6% drop in third quarter distributable earnings as growth in ......

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 ......

Blackstone earnings jump on Mindspace REIT's IPO, other asset sales

Finance

28 October, 2020

Blackstone earnings jump on Mindspace REIT's IPO, other asset sales

Blackstone Group LP said on Wednesday third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets ......

Fledgling PE firms falter as virus curbs in-person wooing

Finance

14 October, 2020

Fledgling PE firms falter as virus curbs in-person wooing

Private equity fund investors have been favoring established buyout firms over first-time managers in recent months, as the challenges of ......

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

General

28 September, 2020

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

After VCCircle reported last year that promoters of Granules India Ltd are looking to sell a majority stake, three global ......

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Blackstone earns stellar returns in partial exit from Essel Propack

Manufacturing

18 September, 2020

Blackstone earns stellar returns in partial exit from Essel Propack

Blackstone Group Inc., the world’s largest private equity firm, has sold nearly a third of its stake in Essel Propack ......

Blackstone's Schwarzman emerges as Wall Street's top political donor

Finance

10 September, 2020

Blackstone's Schwarzman emerges as Wall Street's top political donor

Blackstone Group Inc Chief Executive Stephen Schwarzman has spent more than $27 million so far this year backing U.S. politicians, ......