PE Firms

It turns out that PE funds, while doing some nasty things like raising charges and sacking people, do manage to improve the efficiency of the airport and the services it offers

Removal of threshold may allow PE firms to own over 10% stake in state-run banks

They say Paytm's poor show is a reflection of just one company that didn't do well, many other IPOs like that of Zomato have been strong

Kedaara has acquired a significant minority stake in the company, but the financial details of the deals were not disclosed

Highest investment in the sector in last 5 years; pandemic expands opportunities

Multiples' deal ticket size in the first fund was only $30 million and in the second around $50 million

Raises Rs 1,492 crore from deal; Societe Generale picks up 0.62% for Rs 153 crore, identity of other buyers not known

(Reuters) - Wells Fargo & Co is in exclusive talks to sell its asset management business, which manages more than $607 billion on behalf of customers, to a private equity consortium led by GTCR LLC and Reverence Capital Partners LP, according to people familiar with the matter.

Fund-II will remain focused on investing in growth equity in SMEs in the form of control and buyout transactions, the Bengaluru-based company said in a statement

Second PE deal in two weeks; valuation same at Rs 4.2 trillion

According to sources, TPG, which has investments in several firms domestically as well as globally, doesn't want to be at odds with voting advisory firms and shareholders over any governance issues

PE firm may infuse $150-200 million for up to 20% stake in bank before merger

Banks will be able to customise ICAs in accordance with their needs even as more financial stakeholders are on-boarded, including those with foreign currency exposures

Future targets to include financial services, retail companies; Top PE firms shut offices about a week before lockdown; key execs and principals now entirely on phone, video-conferencing

JC Flowers, Tilden, Cerberus ask SBI to prepare a clean-up plan

Schwarzman spoke to Pavan Lall, and fielded questions on concerns about the coronavirus, the next few quarters for the world economy, and doing business in India

"Warburg is not happy with the speed with which the land acquisition and development happened in the JV," said sources.

Nuvoco is among the bidders for Emami Cement, which has picked Arpwood Capital and Credit Suisse Group AG to manage the sale of the unit as Bloomberg News previously reported

The JV had an equity base of $250 million. Four years since the signing of the pact, people in the know say the JV may invest just $100 million

The transaction is Advent's eighth investment in India in the past four years and its fourth in the consumer goods sector during the same period