Private Equity Fund

Under the current guidelines, to invest in insurance companies as "promoter", a PE fund can do so only through an SPV

The six-month post-initial public offering (IPO) lock in on shares of Delhivery ended on November 20

Inflation woes, recession fears, the rising cost of capital, and elevated levels of uncertainty driven by geopolitical tensions have weighed down the PE/VC activity in 2022

Multiples Alternate Asset had acquired the stake for Rs 250 crore in 2018

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore

PE funds like Advent, TPG, Temasek and GIC have sped up their investments in India with larger cheques of $100 million or more

The tax authorities gave assessment orders to at least 12 such houses last week, and initiated penalty proceedings against them

This is for an aggregate consideration of Rs 3,750 crore as the first tranche of the potential investment aggregating Rs 7,500 crore, announced by the company in October 2021

The China Securities Regulatory Commission will work to root out "fake" private equity funds that are actually sold to the general public, Chairman Yi Huiman said in a speech

Fund infusion by private equity funds declined almost 8 per cent in the March quarter this year to USD 3.44 billion across 260 deals, according to industry data. Though the value of private equity investments declined 7.7 per cent in Q1, the number of deals soared by 44 per cent to 260 from 180 in Q1 of 2020, show the data collated by the London Stock Exchange Group-owned Refinitiv that tracks global financial transactions and market action. Overall, 2020 saw the highest number of deals since 2010 with 810 private equity deals worth USD 34.44 billion. Software companies attracted the maximum PE interest in Q1 this year with USD 1,348 million equity invested compared to internet-specific companies in Q1 of 2020 with USD 2,053 million equity investment. Fundraising in Q1 stood at USD 1,605 million compared to USD 670 million (USD) in Q1 2020, an increase of 139 per cent year-on-year. The top deals are the USD 460 million raised by Think & Learn from five funds, followed by Dream11 .

The pandemic played spoilsport

According to the fund's profile, its top holding as of July 31 was drugmaker Divi's Laboratories Ltd., which has gained more than 70% in 2020

Private equity firm Capital Square Partners (CSP) has gone under water on the deal

Walgreens Boots shares rose 6.3 per cent to $63.02 at 10.09 am in New York trading. Its bonds in Europe fell

An alternative investment fund is a vehicle where the minimum investment is Rs 1 crore

Through the impact fund, Kaizen is hoping to reach over 10,000 schools in India, Asia and parts of Africa

Quadria itself will focus on strategic initiatives and operational improvement in portfolio companies

Interestingly, PE-backed companies which went public over the last 12 months have done better than those which got listed earlier

The key factors driving PE players' interest in logistics and warehousing are government policies, strong economic fundamentals, and the growth in organised retail and e-commerce

International Finance Corporation to invest up to $25 million for a 20% stake