Page 13 - Latest Updates on Private Equity
PE/VC investments in May rise 42% to $5.3 bn; dip 29% month-on-month
Real estate and infrastructure sector investments took the top spot in May 2022, recording $1.7 billion in investments
 "PE/VC investments in May rise 42% to $5.3 bn; dip 29% month-on-month")
Bain Capital special situations fund earmarks $300 million for India
The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.
 "Bain Capital special situations fund earmarks $300 million for India")
Union Bank to raise up to Rs 8,100 cr in capital for business expansion
The lender's board approved raising equity capital up to Rs 3,800 crore, within overall limit of Rs 8,100 crore, said the company in filing with BSE
 "Union Bank to raise up to Rs 8,100 cr in capital for business expansion")
General Atlantic plans $2 bn investment in India and Southeast Asia
Region's startups more attractive, says senior executive of company at World Economic Forum summit in Davos.
 "General Atlantic plans $2 bn investment in India and Southeast Asia")
PE/VC investment for April 2022 declines 27% YoY to $5.5 bn: IVCA-EY report
Fundraises, however, continued to show a healthy trend, with April 2022 recording a total fundraise of $1.5 billion across 16 funds compared to $569 million raised in April 2021 by 8 funds.
 "PE/VC investment for April 2022 declines 27% YoY to $5.5 bn: IVCA-EY report")
RIL's massive cash chest to help take on PE suitors for Boots retail chain
Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts
 "RIL's massive cash chest to help take on PE suitors for Boots retail chain")
PE inflow in realty sector declines 47% to $1 billion in Jan-Mar 2022
The PE (Private Equity) inflows stood at $1.9 billion in the same quarter last year
 "PE inflow in realty sector declines 47% to $1 billion in Jan-Mar 2022")
PE inflows to real estate sector shrank 32% in FY22, says Anarock
Sans portfolio deals, average ticket size reduced to $93 million
 "PE inflows to real estate sector shrank 32% in FY22, says Anarock")
PE inflows in realty sector dips 32% to $4.3 bn in FY'22: Report
Private equity (PE) investments in real estate sector fell 32 per cent to $4.3 billion in the last fiscal year mainly due to the Covid-19 pandemic
 "PE inflows in realty sector dips 32% to $4.3 bn in FY'22: Report")
Top headlines: India's FY21 CEO earnings, Russia's suspension from UNHRC
The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up business. More on that story in our top headlines.
 "Top headlines: India's FY21 CEO earnings, Russia's suspension from UNHRC")
After a sprint, a pause for breath
2021 not only saw record funding creating a third of the country's unicorns, but also the first major listings, providing new valuation anchors
 "After a sprint, a pause for breath")
Bain Capital buys 24.98% stake in IIFL Wealth for nearly Rs 3,700 cr
General Atlantic and billionaire Prem Watsa's company will divest their holdings.
 "Bain Capital buys 24.98% stake in IIFL Wealth for nearly Rs 3,700 cr")
After 2021 boom, how 2022 could be a year of reckoning for Indian startups
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
 "After 2021 boom, how 2022 could be a year of reckoning for Indian startups")
PE space needs PLI-like framework, says Bain Capital's Amit Chandra
In a chat with Business Standard's Surajeet Das Gupta, Chairman of Bain Capital in India, Amit Chandra says the govt can help build an 'atmanirbhar' and vibrant domestic private equity industry
 "PE space needs PLI-like framework, says Bain Capital's Amit Chandra")
Startups get up to 10 yrs for converting debt investment into equity
Govt extends timeline for startups to convert debt investments into equity up to 10 yrs, a decision likely to relieve budding entrepreneurs to deal with impact of Covid, a DPIIT press note said
 "Startups get up to 10 yrs for converting debt investment into equity")
'PE/VC funds replacing global strategic investors', says Amit Chandra
PE/VC investments are dwarfing foreign institutional investor (FII) flows: Chandra
 "'PE/VC funds replacing global strategic investors', says Amit Chandra")
PE/VC investments in Feb 2022 up 2.3 times year-on-year: IVCA-EY report
Month-on-month, the spike was 24%; Exits recorded in Feb 2022 were $1.4 billion across 10 deals, including three secondary ones worth $1.2 billion
 "PE/VC investments in Feb 2022 up 2.3 times year-on-year: IVCA-EY report")
Gamechanger? Private equity is set to play a bigger role in Indian banks
Whichever way you look at it, a PE wave is set to enter banking
 "Gamechanger? Private equity is set to play a bigger role in Indian banks")
PE firm Advent eyeing $1 billion investment in Yes Bank: Report
Advent is conducting due diligence and may form a consortium, the report said, citing sources
 "PE firm Advent eyeing $1 billion investment in Yes Bank: Report")
Indian equity market remains among the most expensive globally, shows data
Sensex P/E of 26.3x is nearly twice MSCI EM's P/E and 40% higher than Dow Jones
 "Indian equity market remains among the most expensive globally, shows data")