Private Equity Funds

Sebi mulls allowing PE funds to become sponsor of mutual fund house

The Securities and Exchange Board of India (Sebi) has sought comments from the public till January 29 on the proposals

DIPAM extends last date for submission of EoI for IDBI stake sale

Consortium of foreign funds, investment companies will be allowed to own over 51% of IDBI Bank

Irdai approves amendments, simplifies rules to set up insurance firms

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

Inga, TIH Singapore tie up to launch PE fund for mid-sized companies

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

CCI keeping a close watch on PEs taking board seats in rival firms: Report

While the CCI has no issues with PEs owing minority stakes in rival companies, the watchdog wants these funds to choose only one firm in terms of board representation

PE/VC investment in domestic firms rises 28%, says EY report

On a sequential basis the inflows are down 32 per cent from $50.4 billion, the report said

PE inflows into proptech firms rise to $741 million in 2021: Report

The report said the average deal size of PE investments in proptech to an all-time high of $25 million in 2021

PE/VC investments decline 22% in March to $4.6 billion, says report

The deal activity showed an increase of 54 per cent by value at USD 15.5 billion across 360 deals, largely on the back of heightened activity in the startup space

PE players need 'patient capital' of 11 to 20 years to maximise valuations

PE funds are increasingly exploring longer investment options beyond the standard five- to 10-year template

Striking it big: ICICI Venture to raise $1 billion via three new funds

ICICI Venture is also looking at other opportunities such as investing in companies which are eligible for the production-linked incentive (PLI) scheme in the manufacturing sector

PE money floods electric vehicle firms with good technology base

PE players are betting big on the future growth of electric vehicles

US private equity fund Lone Star lays off majority of Asia staff: Sources

Texas-based private equity firm Lone Star Funds has laid off most of its investment team in Asia outside Japan in a major retreat from the region

Motilal Oswal to raise Rs 4,000 cr fund from domestic, global investors

About 18 to 20 per cent of the fund will be contributed by Motial Oswal

Budget sops may spur up to 10% Mauritius funds to relocate to IFSC

Experts say while global funds may want to consider shifting their India portfolios to IFSC, the move would result in splitting the fund into two, which may not be acceptable to investors

Tata Capital's PE fund raises Rs 1,250 cr to invest in urbanisation, others

The areas include manufacturing

RBI's order could spell trouble for ARC-owning PE funds, say experts

The RBI had recently rejected a resolution plan - approved by the National Company Law Tribunal in June - that proposed selling Aircel's assets to UV Asset Reconstruction Company (UVARC)

Private equity players see new business opportunities in post-Covid world

Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry.

PhonePe launches Super Funds to help users in long-term wealth creation

The Super Fund identifies and invests in top funds across various categories and asset management companies

India-focused PE/VC funds create record by raising $11.7 billion in 2019

Amount beat the previous record of $8.1 bn raised in 2018

Airlines, private equity funds, HNIs warm up to Air India divestment

A Rs 30,000-crore bailout by the previous UPA government had been unable to reverse the fortunes of the carrier