Private Equity
TMT
Investcorp, others bet $110 mn on Alibaba-backed Xpressbees
Bahrain-based alternative investment firm Investcorp and other investors have put in $110 million (about Rs 816 crore) in Alibaba...
Infrastructure
India's third-biggest real estate deal inches closer
Private equity giant Blackstone has signed a binding term sheet with Bengaluru-based Prestige Project Estates to acquire a bunch...
TMT
Sovereign wealth fund joins Baring PE Asia for $2-bn Virtusa buyout
A sovereign wealth fund is coming in as the second co-investor in Baring Private Equity Asia’s $2 billion acquisition of...
Healthcare
Biocon Biologics gets third PE cheque this year as Goldman bets $150 mn
Biopharmaceuticals company Biocon Ltd’s biosimilars unit is getting a big funding cheque from Goldman Sachs, after roping...
Finance
Three AION Capital execs quit as Apollo-ICICI Venture JV ends
Three senior executives have formally exited AION Capital Partners after Indian private equity firm ICICI Venture and US-based...
TMT
How was JPMorgan PE fund's partial exit from consumer internet firm?
Private equity investor JPMorgan Partners has sold a part of its stake in a consumer internet company, making a loss ......
Consumer
Saudi Arabia's PIF to invest $1.3 bn in Reliance Retail Ventures
The Public Investment Fund (PIF) of Saudi Arabia will invest Rs 9,555 crore ($1.3 billion) in Reliance Retail Ventures Ltd, ......
Finance
HDFC cools on alternatives in FY20, but piles into new funds
Housing Development Finance Corporation's (HDFC) pace of investments in the alternative investment fund (AIF) space slowed...
Finance
Harsha Raghavan on Convergent's strategy, how Indian PE industry is different and more
In 2018, Harsha Raghavan left the position of managing director and chief executive officer at Fairbridge Capital Pvt. Ltd – ......
Finance
Ex-managing director rejoins Everstone Capital after two and a half years
A managing director at Everstone Capital who had quit the private equity firm after a seven-year stint in 2018 has ......