Page 17 - Latest Updates on Private Equity
Tips on raising funds from govt agencies and PE firms for your startup
Apart from central and state govt schemes that fund new ideas, you have PE/VC firms, angel investors and incubators to help your business see the light of day; just get your business model right
 "Tips on raising funds from govt agencies and PE firms for your startup")
Profit at Japan's SoftBank as lucrative investments swell in value
The firm on Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter
 "Profit at Japan's SoftBank as lucrative investments swell in value")
Blackstone in the final leg of talks to buy out Embassy Industrial Parks
Embassy has a long-standing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT)
 "Blackstone in the final leg of talks to buy out Embassy Industrial Parks")
Indiabulls Housing Finance in talks with PEs to sell 15-20% stake
Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter
 "Indiabulls Housing Finance in talks with PEs to sell 15-20% stake")
Abu Dhabi's ADQ to invest $75 mn in Biocon Biologics for 1.8% stake
Transaction values firm, which plans to list and is a subsidiary of Biocon, at $4.17 bn
 "Abu Dhabi's ADQ to invest $75 mn in Biocon Biologics for 1.8% stake")
PE/VC investments into India from China, Hong Kong fall 72% in CY20
Rules mandating government nod for FDI from neighbours weighed on flows
 "PE/VC investments into India from China, Hong Kong fall 72% in CY20")
Hero Electric targets 10-15% growth in 20-21, scouts for PE investors
The company is looking to increase its capacity by over 200%
 "Hero Electric targets 10-15% growth in 20-21, scouts for PE investors")
PE investment in real estate to drop 31% to $4.6 bn in 2020; $6 bn next yr
Private equity investment in real estate is estimated to fall 31 per cent year-on-year during 2020 to $4.6 billion due to Covid-19
 "PE investment in real estate to drop 31% to $4.6 bn in 2020; $6 bn next yr")
PE investment in real estate to drop 31% at $4.6 bn in 2020; $6 bn in 2021
In its ''Beyond The'20: Private Equity in India Real Estate'', Savills India expects the PE inflow to bounce back and grow by 30 per cent in the next year to USD 6 billion
 "PE investment in real estate to drop 31% at $4.6 bn in 2020; $6 bn in 2021")
Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020
Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.
 "Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020")
KKR picks Gaurav Trehan to replace long-standing India head Sanjay Nayar
Nayar, who has been with the private equity fund since 2009, will transition to a new role as chairman of KKR India
 "KKR picks Gaurav Trehan to replace long-standing India head Sanjay Nayar")
PE/VC investments decline 8% to $41.4 bn during January-November 2020
PE investments in Reliance Group entities accounted for 42%
 "PE/VC investments decline 8% to $41.4 bn during January-November 2020")
With conglomerates reluctant, PEs may be better source of capital for banks
PEs have deep pockets with the ability to recapitalise the bank as and when needed
 "With conglomerates reluctant, PEs may be better source of capital for banks")
Competition Commission to study ownership patterns of PE investors
CCI wants to gauge the 'common underlying incentive and motivations' of a private equity player behind PE investments
 "Competition Commission to study ownership patterns of PE investors")
Bain & Co top recruiter in first cluster of IIM-A summer placements
Company extends 20 job offers; it is followed by BCG with 19 offers
 "Bain & Co top recruiter in first cluster of IIM-A summer placements")
Reliance Retail completes Rs 47,265 cr fundraise from 10.09% stake sale
The investors include high-profile private equity funds and sovereign wealth funds
 "Reliance Retail completes Rs 47,265 cr fundraise from 10.09% stake sale")
Oaktree, Varde offer $2 billion funding to Vodafone Idea: Report
Vodafone Idea said in September it plans to raise as much as 250 billion rupees ($3.4 billion)
 "Oaktree, Varde offer $2 billion funding to Vodafone Idea: Report")
PE/VCs pumped in $8.4 billion in Oct 2020, growth of 163% over Oct 19
Significant jump in PE/VC investments was primarily on account of investments worth $3.3 billion made in Reliance Retail Ventures
 "PE/VCs pumped in $8.4 billion in Oct 2020, growth of 163% over Oct 19")
With $40 billion, private equity players hope to better 2019 investments
RIL shores up the numbers, with $17 bn through PE, sovereign funds in 3 deals
 "With $40 billion, private equity players hope to better 2019 investments")
PE deals score over REITs as realtors eye fast money, avoid listing hassles
Sellers can get 100% funding immediately under PE, compared with 10-25% in REIT, whose listing process could take some time, with risk of market sentiment turning weak in between
 "PE deals score over REITs as realtors eye fast money, avoid listing hassles")