By Mars Woo
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 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, an active investor in NBFCs, bought a majority stake in Mumbai-based Home First Finance Co. India Pvt. Ltd for $100 million last year.
Radiant, the fifth suitor, proposed a demerger of the hospital from Fortis Healthcare (FHL) into a new company
Blackstone has said it plans to double assets under management over the next five years.
This Series B round of investment values Bloom Hotels at Rs 330 crore ($50 million).
The round was joined by Chai Point’s existing investors Eight Roads Ventures, Saama Capital and DSG Consumer Partners.
TR Capital III has acquired a 10.5% stake in Arohan and increased its stake in online eyewear firm Lenskart Solutions to over 10%.
With this, SSG Capital enters the senior secured credit space, which has attracted several PE-backed NBFCs.
In the last couple of years, Warburg Pincus has seen several exits (part or complete) from its Indian portfolio.