Search Results for:Swaraj Singh Dhanjal

CPPIB keen to invest more in PE, private credit asset classes in India: Mark Machin

“We would love to invest more in credit, if we can find the opportunities. We also want to do more private equity, through working with our partners here and through direct opportunities,” Machin said in an interview.

TCG in talks to buy out Vornado stake in India realty venture

Vornado is a real estate investment trust (REIT) based in the US with investments in commercial and retail properties.

ReNew Power may buy Actis Capital-backed Ostro Energy in $1.5b deal

The transaction, if successful, will consolidate ReNew Power’s position as the largest renewable energy company in India, where small and mid-sized project developers are looking to sell their assets in an industry that has seen a sharp increase in competitive intensity and plunging tariffs. ReNew Power , which is majority owned by Goldman Sachs, has received investments from ADB, Abu Dhabi Investment Authority and Global Environment Fund.

India: IndusInd Bank to set up impact financing unit

IndusInd sees a big opportunity in impact financing as it feels it is an underserved area, given that most mainstream banks are unable to underwrite such loans due to high risk perception.

Private equity exits through IPOs in India cross $1b in 2017

PE investors such as Warburg Pincus, ChrysCapital, Kedaara Capital reaped successful exits or part-exits through IPOs of Au Small Finance Bank and Eris Lifesciences,

India: IFC invests $15m in Warburg Pincus-backed CleanMax Solar

The funding by IFC takes CleanMax’s total institutional fundraising to $100 million.

India: Edelweiss raises pre-IPO alternative investment fund of up to $269m

SSG Capital Management had sold a 4.9% stake in IPO-bound Future Supply Chain Solutions Ltd to funds managed by Edelweiss.

India: Old Bridge Capital to launch first Category 3 AIF of $62m

The capital will be raised largely from high net-worth individuals and family offices.

Lotte Confectionery to buy India’s Havmor Ice Cream for $157m

The deal marks Lotte’s entry into the India ice-cream market and will give the company a larger geographic presence

Everstone Group acquires Malaysia-based healthcare services firm Chemopharm

The deal underscores Everstone’s healthcare focus as it already has interests in firms such as Rubicon, OmniActive and Ascent