By Pramugdha Mamgain
PremjiInvest’s US tech portfolio includes Anaplan, Apttus, Zuora, ServiceMax, Yapstone, and DataStax.
Half of the fund is expected to be invested in India.
BRCM has so far announced three investments since January 2018 and has just completed its fourth undisclosed deal in the technology sector.
The New York-based company will represent Abraaj Private Equity Fund IV’s backers in talks with liquidators as they seek to recover more than $99 million owed by the Dubai-based buyout firm
Hotel Castle Inn Group operates six hotels in the Mie Prefecture of the Chubu Region.
CVC Capital Partners has taken a significant stake in RKE International Holdings via its fourth Asia fund.
The world’s largest pension fund bought a net $6.9 billion of foreign assets during the quarter.
Abraaj’s healthcare fund has been at the centre of a dispute since investors such as the Bill & Melinda Gates Foundation and IFC began questioning Abraaj on how it used some of its money.
The firm invested in Chemclin in 2013 through a consortium led by Actis with China International Capital Corporation (CICC) Private Equity and OrbiMed to acquire a majority stake in the diagnostics company.
Capital First has already received the first tranche of Rs 75 crore.