Private Equity Firms

KKR aims to raise $15 billion in new Asia private equity fund: Report

KKR started marketing the fund to investors this week, said the sources, who all declined to be named as the information was confidential

Updated On: 20 Nov 2025 | 5:20 PM IST

Tech leads, but deal flow slows: India's PE investments down 32% in 2025

While fundraising remains below peak levels, the cumulative capital raised since 2022 now exceeds $28 billion.

Updated On: 07 Oct 2025 | 3:13 PM IST

Family offices in risk-on mode; bet on AI, private credit: Goldman Sachs

In the next 12 months, 34 per cent of respondents, Goldman Sachs said, intend to reduce their cash balances with many planning to invest in 'risk assets'

Updated On: 16 Sep 2025 | 10:32 AM IST

At least 10 private equity suitors circle Balaji Wafers for 10% stake

Balaji Wafers in talks with global PE giants, eyeing up to 10% stake sale at ₹40,000 crore valuation; ITC lone FMCG suitor, IPO planned in 5-6 years

Updated On: 14 Sep 2025 | 11:42 PM IST

Somerset may close third healthcare fund worth $250 mn by October

The final close is expected next month, with the fund on track to potentially exceed its target.

Updated On: 09 Sep 2025 | 10:32 PM IST

True North exits Zydus Wellness, sells 7.27% stake for ₹879 crore

Mumbai-based True North on Tuesday exited Zydus Wellness by divesting its entire 7.27 per cent stake in the company while PPFAS Mutual Fund acquired the shares for Rs 879 crore through an open market transaction. Private equity firm True North, through its affiliate Threpsi Care LLP, offloaded 46.27 lakh shares or 7.27 per cent stake in Zydus Wellness, as per the block deal on the National Stock Exchange (NSE). The shares were sold at an average price of Rs 1,900 apiece, taking the transaction value to Rs 879.15 crore. Meanwhile, Parag Parikh Financial Advisory Services (PPFAS) mutual fund purchased the shares. Shares of Zydus Wellness rose 1.16 per cent to close at Rs 1,935.60 apiece on the NSE. In August last year, True North's arm Threpsi Care LLP sold a 2.6 per cent stake in Zydus Wellness for Rs 374 crore. Prior to that, the private equity firm in December 2023 offloaded a 1.23 per cent stake in the company for Rs 127 crore. In a separate block deal on the NSE, TVS Motor Com

Updated On: 17 Jun 2025 | 11:15 PM IST

Quadria Group announces HealthQuad Fund III with $300 million corpus

Private equity firm Quadria Group on Tuesday announced the launch of HealthQuad Fund III, with a target corpus of USD 200 million and a USD 100 million in greenshoe option. HealthQuad Fund III succeeds Funds I and II, which have supported over 18 healthcare companies, including Qure.ai, Medikabazaar, THB, Wysa, Ekincare, Redcliffe Labs, GoApptiv, and Strand Life Sciences. Quadria Group is aiming to raise USD 300 million (about Rs 2,550 crore) for its HealthQuad Fund III. Quadria Group has retained a large part of the existing investment and investment committee team members, who will continue to be involved in the existing portfolio investments, a company statement said. It will also add more people to its investing, operating and clinical team. "India presents one of the world's most compelling healthcare investment opportunities, driven by growing demand, digital acceleration, and underserved segments across primary, diagnostic, and chronic care. "With the full ownership of Fun

Updated On: 17 Jun 2025 | 10:14 PM IST

Losing steam: Thematic and sectoral funds see big investor cool-off

As equity market volatility rises and new fund launches dry up, inflows into sectoral and thematic mutual funds have declined sharply in 2025, say industry experts

Updated On: 12 Jun 2025 | 10:56 PM IST

Multiples closes $430m continuation fund in landmark secondary deal

Multiples Alternate Asset Management secures $430 million to retain key holdings in Vastu, Quantiphi and APAC Financial while offering liquidity to Fund II investors

Updated On: 27 May 2025 | 11:12 PM IST

Norwest leads ₹1,465 cr investment in IKF Finance to boost growth

Private equity fund Norwest on Thursday announced that it has led a Rs 1,465-crore investment in the Hyderabad-based non-bank lender IKF Finance. The investment includes both primary share issuances and also secondary transactions, according to a statement. Norwest has led the round with a USD 100 million or about Rs 850 crore investment, it said. The company, founded in 1991, operates in nine states, offering secured retail loans and credit for small businesses. It also gives loans against property and affordable home finance through a home finance subsidiary. It had a loan book of Rs 6,700 crore as of March 2025. The company is backed by Accion and its limited partners, it said, adding that existing investor Motilal Oswal PE has also invested in the current round. "This is our largest fundraise to date and a key milestone in our journey to expand access to inclusive, flexible financial solutions for underserved communities," the company's founder and chairman VGK Prasad said. Th

Updated On: 15 May 2025 | 4:15 PM IST

Chinese state funds pull back from US private equity amid trade war

Chinese sovereign wealth funds have invested billions into leading US firms such as Blackstone, Carlyle Group, TPG, Vista Equity Partners, and Thoma Bravo

Updated On: 23 Apr 2025 | 11:19 AM IST

TA Associates plans to sell majority stake in OmniActive Health Tech

The private equity firm is in talks with potential advisers about a possible sale and could seek a valuation of as much as $1 billion for the Indian company, the people said

Updated On: 11 Mar 2025 | 11:47 PM IST

CCI clears US PE firm TPG's proposal to acquire stake in Schott Poonawalla

Fair trade regulator CCI on Tuesday granted clearance to US-based private equity firm TPG's proposal to acquire a stake in Schott Poonawalla from billionaire Adar Poonawalla-led Serum Institute of India. Schott Poonawalla is engaged in the business of designing and manufacturing primary packaging solutions for pharmaceutical and biotech industries. "The proposed combination involves the acquisition by TPG Scion SG Pte Ltd of certain shareholding in SPPL (Schott Poonawalla Pvt Ltd) by way of a secondary purchase from Serum Institute of India Pvt Ltd," CCI said in a release. Mumbai-headquartered Schott Poonawala is a 50:50 joint venture between Serum Institute of India and SCHOTT Pharma AG & Co, which is part of German speciality glass firm SCHOTT AG. TPG Scion SG is a special-purpose investment vehicle and an affiliate of the TPG Group, which is a global diversified investment firm founded in 1992. In a separate release, the Competition Commission of India (CCI) on Tuesday approved

Updated On: 04 Mar 2025 | 9:53 PM IST

Equity firm PAG considering sale of $1.2 billion stake in India's Nuvama

Blackstone Inc.-backed PAG is working with financial advisers on a strategic review of its more than 54 per cent stake in the Indian wealth manager

Updated On: 26 Feb 2025 | 10:41 PM IST

Indorama Ventures to buy minority stake of 25% in EPL from Blackstone

The deal, priced at Rs 240 per share, is expected to close in the coming months

Updated On: 24 Feb 2025 | 11:08 PM IST

KKR picks up 54% stake in cancer hospital chain HCG for Rs 3,465 crore

PE firm to make open offer to buy additional 26% for Rs 1,600 cr

Updated On: 23 Feb 2025 | 11:08 PM IST

Buyout firms compete to acquire cybersecurity company Trend Micro: Report

In November, Trend Micro said third-quarter net sales rose 6 per cent to 68.1 billion yen for a 42 per cent jump in operating income to 14.8 billion yen, as its operating margin rose to 24 per cent

Updated On: 13 Feb 2025 | 6:20 PM IST

Samara-backed medical devices firm SMT, More Retail prepare for IPOs

Private equity firm's planned listings come as it continues focus on mid-market buyouts

Updated On: 31 Jan 2025 | 12:24 AM IST

Indian realty sector sees 6% rise in PE investment to $2.82 bn: Anarock

Private equity investment in Indian real estate rose 6 per cent to USD 2.82 billion during the April-December period of this fiscal, driven by a surge in fund inflow in industrial & logistics parks, according to Anarock. Real estate consultant Anarock data showed that the Private Equity (PE) investment in real estate rose 6 per cent to USD 2.82 billion during the April-December period of this fiscal from USD 2.66 billion in the year-ago period. The number of PE deals dropped to 24 during the first nine months of the 2024-25 fiscal from 30 in the year-ago period. As per the data, foreign funds contributed 82 per cent to the total PE investments during April-December 2024, while domestic only 18 per cent. Among assets class, the industrial and logistics sector accounted for 62 per cent of the total investments, housing 15 per cent, office 14 per cent and mixed-use projects 9 per cent. Shobhit Agarwal, MD and CEO, Anarock Capital, said, the top 10 deals comprised 93 per cent of total

Updated On: 13 Jan 2025 | 4:31 PM IST