Oaktree Capital
General
Grapevine: Blackstone-backed Nexus REIT readies IPO; Indiabulls taps Oaktree to buy loans
Global private equity major Blackstone Group-sponsored Nexus Select Trust REIT, India’s maiden real estate investment trust (REIT) with retail properties, ......
Finance
Why private equity firms are lending less even as interest rates rise
Private equity firms that have for years capitalized on the regulatory woes of banks by becoming lenders to risky leveraged ......
Consumer
Reliance Capital lenders decide to hold fresh auction
The bidding for Reliance Capital took an unexpected twist, with the committee of creditors (CoC) considering a second round of ......
Manufacturing
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco
More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......
Finance
Central bank okays Piramal takeover of DHFL
The Piramal Group has received the greenlight from the Reserve Bank of India to acquire Dewan Housing Finance Corporation Ltd ......
Finance
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 ......
Finance
Piramal Group beats Oaktree to emerge as preferred bidder for DHFL
Billionaire Ajay Piramal led Piramal Group has emerged as the preferred bidder to acquire bankrupt mortgage lender Dewan Housing Finance ......
Finance
Dewan Housing: Why insolvency resolution processes need a greater degree of certainty
In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first non-banking ......
TMT
Podcast: Making sense of the bidding war for Dewan Housing's assets
In October last year, a forensic audit conducted by KPMG on behalf of lenders to Dewan Housing Finance Corp Ltd ......
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal Group ......