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Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Finance

19 March, 2019

Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has inked a second consecutive deal in the financial services...

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Evolvence India Fund eyes milestone for new vehicle, tweaks strategy

Finance

19 March, 2019

Evolvence India Fund eyes milestone for new vehicle, tweaks strategy

Evolvence India Fund has hit the road for its third India-focussed private equity fund-of-funds and co-investment platform, a...

Brookfield inks pact to acquire Leela hotels for $576 mn

Consumer

18 March, 2019

Brookfield inks pact to acquire Leela hotels for $576 mn

Canadian investment firm Brookfield Asset Management Inc. has signed an agreement with debt-laden Hotel Leelaventure Ltd to acquire...

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Fund Scan: Is TVS Capital's ‘designed for India' strategy working wonders?

Finance

18 March, 2019

Fund Scan: Is TVS Capital's ‘designed for India' strategy working wonders?

In his first outing after floating TVS Capital Funds Ltd in 2007, Gopal Srinivasan secured commitments from as many as ......

Warburg Pincus to buy 80% stake in Wadhawan's education loan arm

Finance

18 March, 2019

Warburg Pincus to buy 80% stake in Wadhawan's education loan arm

Private equity firm Warburg Pincus has agreed to acquire an 80% stake in the education loan arm of financial services ......

ChrysCapital reshuffles top deck, brings Harsh Mariwala as adviser

Finance

15 March, 2019

ChrysCapital reshuffles top deck, brings Harsh Mariwala as adviser

Homegrown private equity firm ChrysCapital has brought Harsh Mariwala, founder of consumer goods company Marico Ltd, on board...

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TPG Growth, Rise Fund chief resigns but also gets fired – and why it matters

People

15 March, 2019

TPG Growth, Rise Fund chief resigns but also gets fired – and why it matters

A day after asking Bill McGlashan, founder and managing partner of TPG Growth and the co-founder and chief executive of ......

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Brookfield's mega India PE deal to buy Reliance gas pipeline has a buyback clause

Infrastructure

14 March, 2019

Brookfield's mega India PE deal to buy Reliance gas pipeline has a buyback clause

Canadian investment firm Brookfield Asset Management Inc., which has inked a mega deal to snap up one of the country’s ......

TPG Growth, Rise Fund chief forced to go on indefinite leave over scandal

Finance

14 March, 2019

TPG Growth, Rise Fund chief forced to go on indefinite leave over scandal

William E. (“Bill”) McGlashan, Jr., founder and managing partner of one of the most prolific growth equity investors...

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Company watch: Rabo-backed Vacmet bounces back in FY18 as revenue, profit jump

Manufacturing

14 March, 2019

Company watch: Rabo-backed Vacmet bounces back in FY18 as revenue, profit jump

Vacmet India Ltd reported a rapid growth in revenue for the year through March 2018 after two years of declines, ......

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