stressed assets

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Infrastructure

15 September, 2021

Nisus Finance Services' special situations fund will go live by December: CEO

With the impact from the pandemic’s second wave waning, Nisus Finance Services Co Pvt Ltd sees investment opportunities popping up ......

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Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......

Finance

13 September, 2021

IndiaRF invests $75 mn in Sequoia-backed KMC's road asset

India Resurgence Fund (IndiaRF), a joint venture between Piramal Enterprises and Bain Capital Credit, announced a $75 million (Rs 555 ......

Finance

07 September, 2021

CDPQ becomes 20% equity owner in Edelweiss ARC

CDPQ Private Equity Asia has picked up a 20% equity stake in Edelweiss Asset Reconstruction Company Ltd (EARC), Edelweiss said ......

Finance

07 September, 2021

Piramal-backed IndiaRF to invest $83 mn in automotive Setco Group

India Resurgence Fund (IndiaRF), promoted by Piramal Enterprises Limited and Bain Capital Credit, along with its affiliates announced investment of ......

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Finance

03 September, 2021

Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans – Jet ......

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Finance

02 September, 2021

DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......

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Manufacturing

27 August, 2021

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, ......

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Manufacturing

27 August, 2021

Edelweiss Fund invests $70 mn in Jindal group firm

Edelweiss Special Opportunities Fund III has invested Rs 500 crore ($70mn) in one of the  promoter holding entities of Jindal ......

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Infrastructure

23 August, 2021

Dubai-based fund by former ArcelorMittal exec mulls India infra investment vehicle

Dubai-based private equity fund Synergy Capital Corp LLP, set up by a former executive of steelmaker ArcelorMittal, is mulling a ......