Temasek-backed Azalea likely to give retail investors access to PE investment: Report

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Azalea Investments last year announced plans to launch Astrea IV, a co-investment vehicle with diversified assets built on a portfolio of PE funds.

BlackRock set to enter distressed debt space in India

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BlackRock is in the process of a hiring a managing director for its global private credit platform, who will focus on distressed and non-performing asset opportunities in India


True North in talks to buy 26% stake in Federal Bank’s NBFC

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True North, an active investor in NBFCs, bought a majority stake in Mumbai-based Home First Finance Co. India Pvt. Ltd for $100 million last year.


Fortis takeover battle intensifies with unsolicited bid from KKR-backed Radiant Life Care

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Radiant, the fifth suitor, proposed a demerger of the hospital from Fortis Healthcare (FHL) into a new company


Blackstone assets rise 22% to $450b on fundraising growth

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Blackstone has said it plans to double assets under management over the next five years.


India: Samena Capital picks up 35% stake in Bloom Hotels for $15m

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This Series B round of investment values Bloom Hotels at Rs 330 crore ($50 million).


India: Chai Point raises $20m in Series C round led by Paragon Partners

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The round was joined by Chai Point’s existing investors Eight Roads Ventures, Saama Capital and DSG Consumer Partners.


HK’s TR Capital makes secondary investments in India’s Arohan, Lenskart

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TR Capital III has acquired a 10.5% stake in Arohan and increased its stake in online eyewear firm Lenskart Solutions to over 10%.


Special situations investor SSG Capital buys 47% stake in Shapoorji Pallonji Finance

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With this, SSG Capital enters the senior secured credit space, which has attracted several PE-backed NBFCs.


India: Warburg set to exit Avtec, sell 30% stake to promoter C K Birla Group

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In the last couple of years, Warburg Pincus has seen several exits (part or complete) from its Indian portfolio.