Private equity (PE) investments in the country surged over 20 per cent to $9.1 billion last year even as deal volumes declined during the same period, says a report. According to Ernst & Young, PE activity in the country has been range bound with an average of $8.5 billion across 400 deals in each of the last four years. Total number of deals were higher at 415 in 2012.
Tag: private equity
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Krishnapatnam Port holds talks with PEs to offload stake
Media reports indicate that Krishnapatnam Port Company is holding discussion with some private equity funds to offload 6 percent stake and thereby mop up Rs 1,200 cr. The company wants to raise capital in order to expand the capacity of the port to 75 mn tonne from the current 50 mn tonne. It has plans to ramp up capacities to 100
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PE funds raise capital to finance business
Data from media reports indicate that 12 private equity funds are raising at least $6.6 billion for investment in Asia. Reports indicate that a substantial part of this amount would be invested in Indian businesses. The financing by private equity investors would meet the funding requ
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Promoters, investors prefer debt instruments
Media reports indicate that promoters of Indian companies are increasingly preferring to raise funds through debt and investors are also willing to offer it through structured deals or their NBFC arms that could either be a part of their investment group or backed by them. Compared to equity funding, these investors prefer to deploy in debt instruments, reports indicate
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PE investors struggle to exit investment
A study by Deloitte India shows that private equity investment in India exceeded $100 billion since 1995, but only $25 billion of the investment has been withdrawn. In other words, in 80 per cent of investment, PE players have not got their money back, are struggling to find an exit and in some cases even written off their investment
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PEs invested $168 mn in microfinance firms in FY13
Data released by Microfinance Institutions Network (MFIN) shows private equity investors (PEs) invested $168 million (close to Rs 10,000 crore at current value) in the microfinance sector in 2012-13. Besides PEs, investors multilateral and government-supported funds like SIDBI and IFC also invested in the sector during the year. In fact, reports suggest that these kinds of investors contributed a large part
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KKR to invest substantial amount in Indian ventures
A large portion of the $6 billion raised by Kohlberg Kravis Roberts & Co (KKR) in its Asian II Fund could be deployed in Indian business ventures, reports suggest. It may be learnt that the American private equity (PE) fund KKR raised $6 billion through Asian II Fund and this became the largest pan-Asian PE fund raised so far. KKR invested over 25 percent of its first Asian fund in India, picking up stakes in half-a-dozen companies for $1.1
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PE investment declines in micro finance sector
Private Equity (PE) investors are said to be cautious in investing in micro finance institution (MFI) as is reflected in the fall in fund flows from these sources. The amount of PE deals in the MFI sector has been declining year after year with the calendar year 2012 witnessing only $104.5 million worth of deal compared to
$113.04 million in 2011 and $146 million in the previous year, data from VC Circle
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PEs deploy largest amount in 5 yrs in May
During May 2013, private equity funds announced 30 deals totaling to $ 2.1 billion, making it the highest monthly total since January 2008, Ernst & Young said in a report. A large part of the investment came from Qatar Foundation Endowment, which committed $ 1.26 billion investment in telecom major Bharti Airtel. This is the seco
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PEs prefer completed commercial properties
Industry analysts feel that private equity funds prefer to invest in completed commercial real estate projects instead of taking risk by investing in new projects. Some experts opine that funds are smartly mitigating their risks by investing in completed properties like IT parks rather than investing in projects starting from scratch