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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 ......

CDC invests $70 mn in India's first dedicated climate change investment fund

Infrastructure

22 October, 2021

CDC invests $70 mn in India's first dedicated climate change investment fund

CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced an investment of $70 million...

Blackstone's earnings more than double on strong asset sales

Finance

21 October, 2021

Blackstone's earnings more than double on strong asset sales

Blackstone Group Inc, the world’s biggest manager of alternative assets such as private equity and real estate, said on...

BlackRock opposed re-election of 800 company directors in Q3

Finance

21 October, 2021

BlackRock opposed re-election of 800 company directors in Q3

BlackRock, the world's biggest asset manager, said on Thursday it had voted against the re-election of more than 800 company...

General Catalyst, others to invest in Indiabulls cofounder-floated Dhani Services

TMT

20 October, 2021

General Catalyst, others to invest in Indiabulls cofounder-floated Dhani Services

Mumbai-listed Dhani Services Ltd, floated last year by Indiabulls Group's cofounder Sameer Gehlaut, on Wednesday said that...

PharmEasy parent raises Rs 328 cr from ADQ and others in pre-IPO round

TMT

20 October, 2021

PharmEasy parent raises Rs 328 cr from ADQ and others in pre-IPO round

API Holdings Ltd, the company that operates e-pharmacy PharmEasy, has raised an additional Rs 328.4 crore in its pre-IPO round...

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PE firm founded by former Goldman, GE Capital execs hits first close of second fund

Finance

20 October, 2021

PE firm founded by former Goldman, GE Capital execs hits first close of second fund

Nepean Capital LLP, a public market-focused private equity fund floated by former executives of Goldman Sachs and GE Capital,...

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Bain Capital staring at poor returns from its debut India deal

Manufacturing

19 October, 2021

Bain Capital staring at poor returns from its debut India deal

Private equity firm Bain Capital’s India debut investment in Kolkata-based Himadri Specialty Chemical has grown by 1.2x...

True North-backed nonbank lender Fedfina plans IPO

Finance

19 October, 2021

True North-backed nonbank lender Fedfina plans IPO

Fedbank Financial Services Ltd (Fedfina), a retail-focused non-bank lender set up by Federal Bank Ltd, is planning a public listing,...

Hero Electric backer Gulf Islamic Investment to invest $500 million in India in next 3 years

Finance

18 October, 2021

Hero Electric backer Gulf Islamic Investment to invest $500 million in India in next 3 years

UAE-based financial services firm Gulf Islamic Investment on Monday said that it will open its office in Bengaluru as it ......

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