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General Atlantic completes nearly $400 mn India exit

Finance

08 August, 2023

General Atlantic completes nearly $400 mn India exit

Private equity firm General Atlantic, which makes both late-stage venture capital and growth equity transactions in India and recently clocked the first ......

Carlyle strikes engineering services bet, invests in Quest Global

Manufacturing

08 August, 2023

Carlyle strikes engineering services bet, invests in Quest Global

Private equity giant Carlyle Group has picked up a significant minority stake in engineering services provider Quest Global Services for ......

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Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

General

27 July, 2023

Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

Pharma major Cipla's promoters are in discussions with major private equity firms to sell a part of their total holding ......

Bain Capital steps on the gas with third India deal this year

Finance

23 July, 2023

Bain Capital steps on the gas with third India deal this year

US-based Bain Capital, which has been one of the less aggressive among the bulge-bracket global private equity peers active in ......

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Grapevine: Damani buys personal care retail chain; IndiaRF to provide lifeline to Ind-Swift

General

21 July, 2023

Grapevine: Damani buys personal care retail chain; IndiaRF to provide lifeline to Ind-Swift

Avenue Supermarts founder and billionaire Radhakishan Damani has acquired beauty and personal care retail chain Health and Glow from the ......

Asia's private credit markets thrive as desperate borrowers find lenders

Finance

21 July, 2023

Asia's private credit markets thrive as desperate borrowers find lenders

When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property ......

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Grapevine: GoFirst may get bid from former promoter; Bain looking at ice cream deal

General

11 July, 2023

Grapevine: GoFirst may get bid from former promoter; Bain looking at ice cream deal

Bankrupt carrier GoFirst, which is in talks with a slew of private equity and alternative investment funds for a rescue ......

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Grapevine: Bain, Carlyle, QIA eye new deals; Temasek may get an exit

General

10 July, 2023

Grapevine: Bain, Carlyle, QIA eye new deals; Temasek may get an exit

Private equity firms Bain Capital, Carlyle Group and Cerberus Capital Management are set to make binding bids to buy billionaire Gautam Adani’s ......

360 ONE bets on former Godrej Properties exec's real estate investment platform

Finance

30 June, 2023

360 ONE bets on former Godrej Properties exec's real estate investment platform

Bain Capital-backed 360 ONE WAM Ltd (formerly known as IIFL Wealth) on Friday said it has picked up a minority equity ......

Private credit funds boom in Asia as startups stare at down rounds

Finance

30 June, 2023

Private credit funds boom in Asia as startups stare at down rounds

From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from ......