Page 2 - Private Equity Funds
Govt's Rs 25,000-cr realty fund may see some 'structural challenges'
Srini Sriniwasan, managing director at Kotak Investment Advisors, said although the government has the right intentions, the devil is in the detail
 "Govt's Rs 25,000-cr realty fund may see some 'structural challenges'")
A bubble in quality?
Companies with safe balance sheets and clean governance have benefited disproportionately from elevated stock specific risks
 "A bubble in quality?")
YES Bank gets $3-bn offer from investors including PEs and domestic MFs
The bank is in dire need of capital to not only provide for bad assets but also for growth
 "YES Bank gets $3-bn offer from investors including PEs and domestic MFs")
Private equity investments in India at $12.7 billion in 2019: Refinitiv
The deal flow in 2019 has been good with each successive quarter being better than the preceding one
 "Private equity investments in India at $12.7 billion in 2019: Refinitiv")
Real estate-focused PEs going slow on investment in Mumbai, NCR markets
Motilal Oswal is raising Rs 1,200 crore for its fourth real estate fund
 "Real estate-focused PEs going slow on investment in Mumbai, NCR markets")
Ontario Teachers' Pension Plan bets on PE, infrastructure in India
After playing LP (investors in PE funds), the Canadian pension fund is keen to invest directly in India
 "Ontario Teachers' Pension Plan bets on PE, infrastructure in India")
Buyout fund TIW picks up majority stake in Digital Refresh Networks
The company plans to utilize the proceeds from the investment to strengthen its expertise in content creation
 "Buyout fund TIW picks up majority stake in Digital Refresh Networks")
PE Round-Up: Byju's raises $150 mn led by Qatar Investment Authority
The latest transaction is likely to value Byju's at over $5 billion
 "PE Round-Up: Byju's raises $150 mn led by Qatar Investment Authority")
PE funds betting on malls for higher rental yield, rising consumption
PE funds seem to be betting on the attractive rental yields and appreciation in asset prices
 "PE funds betting on malls for higher rental yield, rising consumption")
Great Indian promoter sale: Strategic deals with foreign players on rise
According to VCC Edge data, the average deal size in the last two years has doubled to an average of $22.5 million
 "Great Indian promoter sale: Strategic deals with foreign players on rise")
Buyouts scored over other deals for all PE capital in past 3 years: Report
At 21 per cent, buyouts delivered the highest median returns in exits by strategy
 "Buyouts scored over other deals for all PE capital in past 3 years: Report")
IFC backs private equity funds in India that are facing rough weather
The problem is that most of these funds have under-performed: they have returned less than a fourth of this money, yielding single-digit returns for the portfolio
 "IFC backs private equity funds in India that are facing rough weather")
Snapshot of private equity in India
96 India-focused private equity funds in market targeting to raise $13 billion as of August 2017
Mid-market remains under-served by mainstream PE: Siddharth Parekh
LPs looking for fund managers with differential skill-sets
 "Mid-market remains under-served by mainstream PE: Siddharth Parekh")
PEs don't buy into realty gloom story; investments hit 5-year high
PE funds have put in $2.5 billion across 29 deals in real estate in the H1 of 2017
 "PEs don't buy into realty gloom story; investments hit 5-year high")
