stressed assets

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Manufacturing

01 October, 2021

PE-backed personal care and speciality chemical maker enters bankruptcy

Fairwinds Private Equity-backed personal care products and speciality chemicals manufacturer has entered bankruptcy as a National Company Law Tribunal (NCLT) ......

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Infrastructure

27 September, 2021

Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Distressed sectors including roads, hospitality and aviation are seeing renewed interest from investors on the back of government support for ......

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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 ......

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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 ......

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Finance

17 August, 2021

Prudent ARC set to raise fresh capital for its AIF

New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the second scheme ......