Page 23 - Private Equity

A Snapshot of private equity activity & deals

Real estate got most investments, accounting for 37.20% of total investments in terms of deal value

Domestic private equity in realty doubled in 2016: JLL report

It touched $3.4 bn in 2016 as against $2 bn in 2015

PE/VC deal value up by 52%, volume up by 31% in March

During the month of March, private equity and venture capital (PE/VC) deal value rose by 52 per cent, and 31 per cent by volume, over March 2016. PE/VC entities invested around $2.6 billion across 60 deals during March. Deal activity had fallen to a three-year low of $400 million across 32 deals in February. Canadian pension funds have been actively pursuing deals in India over recent quarters and that manifested in the high deal numbers over the quarter. Compared to the previous month, while deal volume almost doubled, the value grew by 6.5 times in March, according to consultancy EY.The growth in March was primarily driven by large PIPE (private investment in public equity; the selling of publicly traded common shares or some form of preferred stock or convertible security to private investors) deals by Canadian pension funds. Deal activity also picked up across other deal segments from the earlier month. From a sector perspective, telecom topped the charts due to the large ...

Private equity firms exit $18 bn in two years

A PE firm estimate exits of $10.9 billion in 2015 and $9.8 billion in 2016

Private Equity deals lose lustre, slump to 5-year low, value down 27%

The average deal value for the first quarter of this year was the highest in 15 quarters

PE/VC investments hit a low in February, says survey

Private equity (PE) and venture capital (VC) investments hit a three-year low in both value and volume last month, at $343 million in 27 deals. Exit deals and fund raising by investment entities saw an increase.In value terms, investments during February were 73 per cent less than the $1.29 billion reported in the same month of last year, according to the PE monthly round-up by EY, the tax, transaction and advisory services major. Deal volume declined by 50 per cent, from the 54 deals during February 2016.While deal volume has been declining over the past couple of months, the aggregate was supported by large-size deals. However, there were only two deals above $50 mn in February and more than half were below $10 mn, it added.More than half of the value was accounted for by only three deals. These were Fairfax's $75 mn investment in IIFL, Temask's $55 mn in used car marketplace cartrade.com, and Xander Finance's $44 mn buyout of Express Trade Tower in Noida from IL&FS.However, ...

PE investments in logistics at $500 million in 2016-17

Logistics industry is likely to grow at 8.6 per cent annually during 2015-2020

Indians don't have a private equity mindset, says Viswanatha Prasad

If we go to an Indian HNI they assume it means lower returns for them

PEs seek relaxation in pre-IPO share lock-in norm from Sebi

Right now, pre-IPO shares are locked in for one year and minimum contribution of promoters is locked for three years

Top five PE deals in January

The top five deals this year accounted for 67.40% of the total investment in terms of value

Property funds turn to affordable segment

Kotak Realty Fund was looking at launching an affordable housing fund: Sources

SBI in pact with Oman's SGRF, to invest $50 mn in Oman-India fund

SGRF to infuse $150 mn; OIJIF Fund II is targeting a corpus of $300 million by 2017-end

Playing for consolidation & disruptions

PEs will do bigger deals and more buyouts while VCs will only back viable & disruptive start-ups

After solid show in 2015, PEs pull out record $10.3 bn in 2016

They shied away from pumping in more dollars after their investments hit an all-time high in 2015

Private equity investments drop 50% in November

E-commerce deals lowest in value, volume in over 24 months: EY

Private equity investments down 23% to $10 bn in Jan-Oct: Thornton

Overall PE-deal momentum in January-October was however at $10.24 billion, down 23% over the same period of last year

Green, social funding up 15% at Rs 28,000 crore

Private equity and venture capital funds have also been active participants, with 44% of deals by value and 32% by volume as sole investors in such projects

Investors push for platform deals

Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes

PE investments decline 53% to $2.5 bn in Sep qtr: Report

The decline in PE activity is due to the reduced investment in the new economy companies, says advisory firm Grant Thornton India LLP

PE investments down 63% in September quarter

PE investments fell 63% to $2.3 billion in the third quarter of 2016, as compared to $6.3 billion a year before