stressed assets
Finance
IndiaRF invests $75 mn in Sequoia-backed KMC's road asset
India Resurgence Fund (IndiaRF), a joint venture between Piramal Enterprises and Bain Capital Credit, announced a $75 million (Rs 555 ......
Finance
CDPQ becomes 20% equity owner in Edelweiss ARC
CDPQ Private Equity Asia has picked up a 20% equity stake in Edelweiss Asset Reconstruction Company Ltd (EARC), Edelweiss said ......
Finance
Piramal-backed IndiaRF to invest $83 mn in automotive Setco Group
India Resurgence Fund (IndiaRF), promoted by Piramal Enterprises Limited and Bain Capital Credit, along with its affiliates announced investment of ......
Finance
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 ......
Finance
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 ......
Manufacturing
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, ......
Manufacturing
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 ......
Infrastructure
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 ......
Consumer
Nirav Modi's second firm set for liquidation
Fugitive diamantaire Nirav Modi-owned Firestar International Pvt Ltd has been ordered for liquidation by the Mumbai bench of the bankruptcy ......
Finance
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 ......
