Private Equity Investors
PE inflows plunge 42% to $23.3 bn in 2022, lowest since 2019: Report
Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to USD 23.3 billion in 2022, which is the lowest since 2019, when it was USD 15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to USD 23.3 billion -- the lowest annual inflows since 2019 when it was a low USD 15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights. The report did not say how many deals were closed in the year. In the December quarter, the PE investments totalled USD 3.61 billion, down 8.1 per cent sequentially from USD 3.93 billion and fell 67.2 per
 "PE inflows plunge 42% to $23.3 bn in 2022, lowest since 2019: Report")
Invest 80%, keep rest of corpus aside for corrections: Mirae's N Surana
Indian markets are holding on despite ongoing global chaos, thanks to supportive cyclical and structural factors, says Surana
 "Invest 80%, keep rest of corpus aside for corrections: Mirae's N Surana")
Top Headlines: Musk takes over Twitter, IDBI Bank's stake sale, and more
Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him
 "Top Headlines: Musk takes over Twitter, IDBI Bank's stake sale, and more")
True North acquires minority stake via own fund in Accion Group for $93 mn
Accion Labs is focused on digital transformation in global enterprises and tech firms. It has more than 4,800 employees globally, spread over 20 locations
 "True North acquires minority stake via own fund in Accion Group for $93 mn")
Private equity investors see big global, sovereign funds as main threat
Domestic PE players include funds like Multiples, Kedara, and so on, who, along with the global PEs, form the majority of the country's PE players
 "Private equity investors see big global, sovereign funds as main threat")
Indiabulls Housing Finance in talks with PEs to sell 15-20% stake
Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter
 "Indiabulls Housing Finance in talks with PEs to sell 15-20% stake")
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Private equity investments surge to all-time high of $37 bn in 2019
The energy industry led by Brookfield's $1.9 Billion investment in Reliance Pipeline Infra also saw a growth in investments.
 "Private equity investments surge to all-time high of $37 bn in 2019")
Investors oust FundsIndia founders over differences on company's strategy
Stakeholders unable to come to terms on future strategy of company
 "Investors oust FundsIndia founders over differences on company's strategy")
True North's learning curve: A failed IBC bid brought cementing of deals
When private equity (PE) investor True North threw its hat in the ring to bid for Binani Cement as part of a consortium that included JSW Group, it had no idea the process would become as convoluted as it finally did. Effectively, the Kumar Birla-led UltraTech Cement was the highest bidder but its late submissions caused Binani -- one of the more coveted assets referred to the National Company Law Tribunal under the new Insolvency and Bankruptcy Code -- to be referred to the Supreme Court. The law eventually upheld the sale to Birla and True North lost the deal.Howeve, what it gained in exchange was priceless -- a view into cement which gave it an edge in understanding the sector. In the past decade, True North has invested a little over $100 million in four different businesses within the construction materials category. The latest one, Shree Digvijay Cement Company, was owned by Brazil-based Votorantim Cimentos, one of the largest global producers in the segment in terms of annual ..
 "True North's learning curve: A failed IBC bid brought cementing of deals")
Will infra see turbo-charged push from PE money after 2019 elections?
Highways, Sanitation, waterways, renewable and 5G internet will need billions
 "Will infra see turbo-charged push from PE money after 2019 elections?")
PE investments zoom in Jul-Sep, making 2018 the best year yet for India
At $9.2 billion, Q3 investments 60% higher than the year-ago period; $23.7 bn inflows in the first nine months of 2018 the highest for any calendar year yet
 "PE investments zoom in Jul-Sep, making 2018 the best year yet for India")
Private equity funding likely to shrink if founders have the last word
Players fear giving the founders total control with even minor stake holding will disrupt decision-making process
 "Private equity funding likely to shrink if founders have the last word")
Jan-Oct private equity investment deal tally at $16 bn: Thornton
For October alone, the deal value read $1.6 billion
 "Jan-Oct private equity investment deal tally at $16 bn: Thornton")
