General Atlantic pockets $136 mn in twin exit moves from India portfolio
Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India, has churned out a total of Rs 1,135 crore ($136 million) in two back-to-back exit moves from its India portfolio. General Atlantic, which has started the process to list Maharashtra-based pharmaceutical products developer Rubicon Research ......
Why is Swiss DFI SIFEM bullish on private credit in India?
The Swiss Investment Fund for Emerging Markets (SIFEM), Switzerland's development finance institute, which has been investing in India as a limited partner since 2006, is exploring investment opportunities for private credit funds in India, a top executive told VCCircle. SIFEM’s strategy for portfolio allocation is split 80-20 between private equity and ......
CapitaLand India Trust secures debt capital from international investor
Singapore-based real estate investor CapitaLand India Trust (CLINT), which has built a portfolio in India across Bengaluru, Chennai, Hyderabad, Pune and Mumbai, has secured sustainability-linked funding from an international institutional investor. The real estate investor, earlier known as Ascendas India Trust, has secured a loan valued of about $200 million Singapore dollars ......
Actis set to pocket another LP cheque for Asia climate fund
UK-based private equity firm Actis is all set to onboard a multilateral financial institution as a limited partner for its climate-focused fund that invests across Asia-Pacific region, particularly Southeast Asia and India. Actis, which has already onboarded Beijing-based Asian Infrastructure Investment Bank and Manila-based Asian Development Bank as LPs for Actis Asia Climate Transition Fund, ......
How top US pension fund CalSTRS increased its rupee exposure
The California State Teachers’ Retirement System (CalSTRS), America’s largest educators-only pension fund with a corpus valued over $332.5 billion, has gradually increased its exposure to the Indian rupee over the last two years, especially towards public assets. The pension fund invests across asset classes including public equities, private equity, real estate, ......
Women-focused AWE Funds ups target for maiden vehicle, plans second outing
Achieving Women Equity (AWE) Funds, a gender-centric early growth investment firm, plans to scoop up a higher amount than previously targeted for its maiden fund and is also looking at raising a second vehicle, its founding partner said. The US-based firm, which marked the first close of its India fund at $15 million in ......
DFDF to widen investor base in three-phase expansion strategy
Dubai Future District Fund, the region’s first evergreen venture capital fund-of-funds, launched with an initial corpus of $200 million from Dubai Future Foundation and Dubai International Financial Centre, will soon open doors to a new set of investors in three phases to help diversify its capital base, according to a ......
Adenia Partners hits exit button on second-last bet from third fund
Mauritius-based private equity firm Adenia Partners, focused on mid-sized businesses across Africa, marked its seventh and the penultimate exit from its third investment vehicle, in a Ghana paint manufacturing company, it is learnt. In a move that aims at exiting all bets and concluding its third outing, the Port Louis-headquartered firm ......
Zephyr Peacock may monetise stake as portfolio fintech firm mulls IPO
Mid-market private equity firm Zephyr Peacock India plans to partly monetize its seven-year-old investment in a fintech company through a likely initial public offering (IPO), a person familiar with the matter told VCCircle. While the specifics of the IPO are yet to be finalized, it is expected that the portfolio company, MPOWER Financing, will opt ......
Bottomline: Stride Ventures founders' NBFC StrideOne grows AUM, plans fresh fundraise
Stride One Capital Pvt. Ltd, a non-banking financial company (NBFC) set up by the founding members of venture debt firm Stride Ventures, has recorded strong growth in its assets under management (AUM) even as it plans to raise fresh funding to expand its business, VCCircle has gathered. The NBFC, which operates ......
