By Tanu Pandey
This is the second acquisition within a month by CLSA’s Sunrise III after Marubeni Mates in February.
Raghavan, who was with Bain Capital between 2008 and 2017, has set up his technology-focused PE fund Marathon Edge Partners and is raising $125-150 million.
The Japan Post group announced in January it is setting up a private equity fund investment company, with up to $1.12 billion in an initial fund.
Singapore’s sovereign fund GIC has partnered CCLA Group to develop and operate purpose-built, for-rent multi-family buildings across Mexico’s largest cities.
Perfect Day said the fundraising was the largest Series A in the history of the sustainable food technology industry.
The Rs 300-crore fund will be used to invest in secured debt instruments in construction and development of residential realty assets in key tier-I cities.
Tokyo-listed machinery wholesaler Wakita & Co has acquired an 80% stake in Tonichi Kosan.
The average price for a leveraged buyout in 2017 globally was just under 11 times a company’s 12-month EBITDA, the highest since the financial crisis, amid frothy equity and debt markets and fierce competition for deals.
Abu Dhabi Investment Authority (ADIA) is one of the world’s biggest sovereign wealth funds.
PacBridge Capital Partners backs a financial investment in Canadian cancer genomics firm Contextual Genomics.