Page 21 - Latest Updates on Private Equity
Hindustan Unilever emerges front-runner for Dinshaw's Dairy Foods
Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales
 "Hindustan Unilever emerges front-runner for Dinshaw's Dairy Foods")
Aditya Birla Capital to raise Rs 2,100 crore from promoter, PE firms
US-based private equity firm Advent International will put in Rs 1,000 crore via its affiliate Jomei Investment Limited
 "Aditya Birla Capital to raise Rs 2,100 crore from promoter, PE firms")
Private equity-backed stocks do better in a volatile market
Interestingly, PE-backed companies which went public over the last 12 months have done better than those which got listed earlier
 "Private equity-backed stocks do better in a volatile market")
Private Equity funds ready war chest to help firms skip IBC route
PE funds are cashing in on the new emerging areas of business. However PE funds admit that handling conglomerates needs special expertise and acumen as they are complex deals
 "Private Equity funds ready war chest to help firms skip IBC route")
L Catterton hires Khazanah executive Chinta Bhagat to head Asian funds
Bhagat, who worked at Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, will jointly lead the firm's Asia platform along with co-managing partner Ravi Thakran
 "L Catterton hires Khazanah executive Chinta Bhagat to head Asian funds")
QIPs to lead fundraising activities: Edelweiss Securities' Gopal Agrawal
Four to five IPO launches are planned in the ongoing quarter. Performances of these IPOs after listing shall be a good indicator of the IPO appetite in the market
 "QIPs to lead fundraising activities: Edelweiss Securities' Gopal Agrawal")
V G Siddhartha's death: Wrong to project us as villains, say PE leaders
They say the notion that PE investors leverage bait-and-switch to lure promoters and entrepreneurs into lose-lose situations through debt products is misleading
 "V G Siddhartha's death: Wrong to project us as villains, say PE leaders")
Venture Catalysts launches Rs 300-cr fund for early stage startups
Started with a dedicated fund allocation of Rs 300 crore, the accelerator VC 9Unicorns Fund plans to invest in 100 start-ups in three years
 "Venture Catalysts launches Rs 300-cr fund for early stage startups")
Private equity firm Affirma Capital to invest $50 mn in Tirupati Group
Established in 2005, Tirupati Group has since grown to become a leading value added contract research and manufacturing company for nutraceutical supplements in India
 "Private equity firm Affirma Capital to invest $50 mn in Tirupati Group")
From sector-wise allocation to key deals: A snapshot of PE activities
The top five deals this year accounted for 38.62% of the total investments in terms of deal value
 "From sector-wise allocation to key deals: A snapshot of PE activities")
Buybacks of shares least preferred mode of exit for private equities
In 2018, the most popular mode of exit for PEs was strategic sale through merger & acquisition
 "Buybacks of shares least preferred mode of exit for private equities")
MyMoneyMantra raises Rs 104 crore from Dutch investor, Vaalon Capital
MMM, which sells secured and unsecured loans, credit cards and insurance products, will issue convertible shares and use the proceeds to strengthen its technology, data analytics and expand its reach
 "MyMoneyMantra raises Rs 104 crore from Dutch investor, Vaalon Capital")
Private equity, venture capital exits drop 86% in Q2
41 profitable exits compared to 77 a year ago
A snapshot of PE activity and deals
The year has seen 59 exits.
 "A snapshot of PE activity and deals")
Global PEs bullish on India credit business even as NBFCs feel the pinch
NBFCs have been battling liquidity issues since the IL&FS defaulted in August last year.
 "Global PEs bullish on India credit business even as NBFCs feel the pinch")
Key deals last week: GIC's $568-mn infusion in The Indian Hotels, and more
There were 10 PE deals worth $608.21 million with 1 private equity exit in the last seven days ended May 22, 2019
 "Key deals last week: GIC's $568-mn infusion in The Indian Hotels, and more")
At $26.3 bn, PE investment in India in 2018 was second-highest in a decade
Fundraising across Asia-Pacific slowed down, with China tightening rules for PE investment, but India-focused dry powder remained healthy at $11.1 billion
 "At $26.3 bn, PE investment in India in 2018 was second-highest in a decade")
Private equity investments fall in residential real estate: Report
The investments have fallen from $3.09 billion in the calender year 2015 to $1.47 billion in 2018
 "Private equity investments fall in residential real estate: Report")
Key deals last week: Eight Roads' $4-mn infusion in Arevuk Advisory & more
There were 12 PE deals worth $20.86 million with 1 private equity exit in the last seven days ended April 17, 2019
 "Key deals last week: Eight Roads' $4-mn infusion in Arevuk Advisory & more")
Seven questions that private equity investors ask when making investments
Both personal investing and PE investing force one to accept relatively concentrated portfolios, deal with significant information asymmetry, make medium-term decisions that are difficult to reverse
 "Seven questions that private equity investors ask when making investments")