Private Equity
Infrastructure
SoftBank-backed WeWork halts new lease pacts with property owners amid widening losses
WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the...
Finance
Fairfax sells half its stake in ICICI Lombard, earns modest returns
Canadian firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as it ......
Consumer
Brookfield inches closer to buying Hotel Leelaventures as SAT rejects ITC's appeal
Canadian investment firm Brookfield Asset Management Inc. is a step closer to acquiring Hotel Leelaventures Ltd as the Securities...
Infrastructure
Saudi Aramco lures sovereign funds GIC, ADIA to hit $2 trillion IPO valuation
State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth...
Healthcare
Modern Family Doctor founder buys back PE stake to gain control
The founder of Modern Family Doctor Pvt. Ltd, which runs a chain of primary healthcare clinics and pharmacies, has bought ......
Infrastructure
SoftBank may pump $1 bn more into troubled office-sharing startup WeWork
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......
Consumer
Warburg Pincus checks out of hospitality firm with dull returns
American private equity giant Warburg Pincus has fully exited its 13-year-old investment in mid-market hotel chain Lemon Tree...
Finance
Asia-Pacific family offices outperform global average but turning cautious
Family offices in Asia-Pacific, which includes India, generated more return on their investments than the global average but are...
Finance
Morgan Stanley's private equity unit raises $366 mn for fifth Asia fund
Morgan Stanley Private Equity Asia has raised $366.4 million for its fifth Asia fund, a regulatory filing shows. The fund,...
Finance
How much money is WestBridge minting by exiting snacks maker?
Homegrown private equity firm WestBridge Capital is poised to clock neat returns by exiting its five-and-a-half year investment...
