Page 3 - Latest Updates on Private Equity
PE/VC pullback brings dark clouds over Indian climate-tech companies
Funding fell 61% to $1.3 bn in 2024
 "PE/VC pullback brings dark clouds over Indian climate-tech companies")
Multiples Alternate Asset Management to invest $2 bn in enterprise tech
Announces investment in QBurst of $200 million
 "Multiples Alternate Asset Management to invest $2 bn in enterprise tech")
KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race
KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December
 "KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race")
India valuation not stretched on 'equity risk premium' metric: BlackRock
Vivek Paul, Head of Portfolio Research, BlackRock Investment Institute anticipates potential fiscal stimulus in the Budget to rev up consumption
 "India valuation not stretched on 'equity risk premium' metric: BlackRock")
PE-VC bets grow 5% to $56 bn in 2024, 2025 to be challenging: Report
In the year gone by, PE and VC funds' deal volumes surged 54 per cent to 1,352 transactions, indicating a decline in the average value when compared to the previous year
 "PE-VC bets grow 5% to $56 bn in 2024, 2025 to be challenging: Report")
Bharat Value Fund Series 3 secures Rs 1,250 cr, eyes Rs 2,500 crore target
Managed under the India Inflection Opportunity Trust, BVF Series 3 targets a total corpus of Rs 2,500 crore, including a Rs 1,000 crore green-shoe option
 "Bharat Value Fund Series 3 secures Rs 1,250 cr, eyes Rs 2,500 crore target")
DPIIT holds discussions with PEs, VCs, pension funds on ways to promote FDI
The meeting was second in the line. Last week, the department held discussions with stakeholders, including law firms and industry chambers, on the matter
 "DPIIT holds discussions with PEs, VCs, pension funds on ways to promote FDI")
Aragen secures $100 mn funding from Quadria Capital, plans expansion
The funding will support the company's strategic expansion of its capabilities and infrastructure, enabling it to meet the growing demand for outsourcing services from innovators in the US and Europe
 "Aragen secures $100 mn funding from Quadria Capital, plans expansion")
PE investment in real estate rises 6% to $2.82 bn in Apr-Dec 2024: Anarock
Foreign funds contributed 82 per cent to the total PE investments during April-Decrmber 2024
 "PE investment in real estate rises 6% to $2.82 bn in Apr-Dec 2024: Anarock")
KKR and Bain each bid over $5 bn for Seven & i's York Holdings spin-off
KKR offered around 800 billion yen ($5.1 billion) for York Holdings, an entity due to be spun out of the Japanese retailer, two of the people said
 "KKR and Bain each bid over $5 bn for Seven & i's York Holdings spin-off")
Catch of the day: PE/VC funds reel in Rs 1.13 trillion in share sales
Net big from small and midcap exits
 "Catch of the day: PE/VC funds reel in Rs 1.13 trillion in share sales")
Shubham Housing raises Rs 1,000 crore in round led by Multiples PE
Existing investors Asian Development Bank (ADB) and British International Investment (BII) also participated in the round, which consists of a mix of primary and secondary transactions
 "Shubham Housing raises Rs 1,000 crore in round led by Multiples PE")
PricingDirect, Alumni tie up for independent valuations of PE securities
Private equity has grown over the past few years, with an increasing number of firms turning to private credit as the main source of financing their deals
 "PricingDirect, Alumni tie up for independent valuations of PE securities")
PE-VC investments in India's healthcare sector fall in 2024, shows data
Experts feel that the sector will continue to attract $5-6 bn private capital annually
 "PE-VC investments in India's healthcare sector fall in 2024, shows data")
LeapFrog Investments secures $1.15 billion in largest fund to date
The fund, comprising $808 million in primary commitments and $210 million in pre-allocated co-investment, primarily focuses on healthcare and financial services in growth markets
 "LeapFrog Investments secures $1.15 billion in largest fund to date")
PE players and VC companies adjust to longer holds after public listing
Startup IPO boom reshapes their investment strategies
 "PE players and VC companies adjust to longer holds after public listing")
BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'
Bain Capital's Kotecha highlighted that the strongest indicator of PE's value is the long-term track record and measurable impact on portfolio companies
 "BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'")
BS BFSI Summit: Public listings allow profitable exits for PEs, say experts
Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit
 "BS BFSI Summit: Public listings allow profitable exits for PEs, say experts")
APAC private debt rises, India raises $2.3 bn in Q3 alone: Report
APAC private capital fundraising hits five-year low: Preqin report
 "APAC private debt rises, India raises $2.3 bn in Q3 alone: Report")
Reporting fair value: Streamlined valuations to boost investors' confidence
The various accounting standards fail to earmark the methodology of valuation to be adopted under different circumstances, leaving the choice of valuation method at the discretion of the valuer
 "Reporting fair value: Streamlined valuations to boost investors' confidence")
