Page 9 - Latest Updates on Private Equity
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")
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/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")
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")
Cautiously building growth momentum again: Vishwavir Ahuja, RBL Bank CEO
Banker says there were hiccups due to coronavirus impact but all lead indicators are turning positive
 "Cautiously building growth momentum again: Vishwavir Ahuja, RBL Bank CEO")
Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal
The deal is one of the largest transactions ever in a restaurant industry that's being upended by the pandemic.
 "Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal")
What lies ahead for Sanjeev Krishan, PwC India's youngest man at the top
Over the last six 'lockdown and unlock' months, Krishan spend relentless hours on video calls and webinars to keep in regular touch with CXOs across India and abroad
 "What lies ahead for Sanjeev Krishan, PwC India's youngest man at the top")
Office properties grab lion's share of realty's $2.31 bn PE investments
The segment accounts for 81% of PE funds flowing into the real estate sector betwen Jan 1 and Sept 30; residential segments gets 9%
 "Office properties grab lion's share of realty's $2.31 bn PE investments")
Tatas, private equity investors in talks with BigBasket for stake buy
Firm continues to see huge traction as it enters year-end sale period
 "Tatas, private equity investors in talks with BigBasket for stake buy")
In India's highways sector, institutional money overtakes promoters
India's pecking order in terms of tolling is already headed towards being fund-focussed
 "In India's highways sector, institutional money overtakes promoters")
US continues to be biggest source of VC investment in India as China shrugs
Experts say, the dominance of the US investors will probably grow in the coming decade, including in filling the gap created by the withdrawal of Chinese investors
 "US continues to be biggest source of VC investment in India as China shrugs")
Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report
The private equity (PE) inflow stood at $5,795 million in the corresponding period of the previous year
 "Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report")
We have begun to reallocate to emerging markets: Alex Tedder on tech stocks
Alex Tedder is CIO, Head of Global & Thematic Equities at Schroders Investment Management
 "We have begun to reallocate to emerging markets: Alex Tedder on tech stocks")
VC investments from China down by 66% in 2020, startups to feel the heat
China, which was ranked third on the PE/VC investments by country of investors, in 2019 fell to the sixth position in 2020
 "VC investments from China down by 66% in 2020, startups to feel the heat")
Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more
With KKR already said to be in talks for a $1 bn investment, other investors like Abu Dhabi Investment Authority and Mubadala could be next in line
 "Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more")
Covid-19 impact: IPO slump stonewalls private equity exits in H1 2020
Public market sales accounted for 80 per cent of the exit value in H1 2020, mainly due to SBI Cards' $1.4 billion IPO
 "Covid-19 impact: IPO slump stonewalls private equity exits in H1 2020")
Inflows into Jio limit fall in H1 PE/VC investments to 10% at $18.3 bn
In terms of deal type, buyouts were the most affected with only 14 transactions worth $794 million compared to 27 worth $6.2 billion in the year-ago period
 "Inflows into Jio limit fall in H1 PE/VC investments to 10% at $18.3 bn")
PE/VC investments decline 10% y-o-y in first half of 2020: Report
Deals worth $9.6 billion in Jio Platforms accounted for 52 per cent of all PE/VC investments in this period
PE-VC investors see decline in fundraising activity, says Crisil Survey
The survey was conducted between May and June this year and the credit rating firm received responses from 26 independent funds and respondents
 "PE-VC investors see decline in fundraising activity, says Crisil Survey")
