Blacksone to buy Strategic Hotels in deal valued at $3.93 bn

Last Updated: Tuesday, September 8, 2015, 23:28

The private equity firm Blackstone will buy real estate investment trust Strategic Hotels & Resorts Inc in a cash deal valued at USD 3.93 billion.

PE deals gain traction as volumes double in July: Report

Last Updated: Sunday, August 30, 2015, 10:35

According to the tax and advisory firm, there were 110 PE deals worth USD 2.15 billion in July this year as against 55 transactions worth USD 1.85 billion in the year-ago period.

Exits earn PE, VC investors record $6 bn in India

Last Updated: Thursday, August 20, 2015, 19:18

According to a study by Venture Intelligence, 2015 so far has been the best year for 'exits' by the PE and VC investors.

PE funds bet big on India, pour $7 bn in H1: Report

Last Updated: Sunday, August 16, 2015, 11:52

The private equity inflows in the first half of this year were 38 per cent higher in value terms as compared to USD 5.11 billion in the same period of 2014.

DLF's net debt up 3% to Rs 21,600 crore

Last Updated: Friday, August 14, 2015, 15:47

Realty major DLF's net debt rose by Rs 633 crore to reach nearly Rs 21,600 crore at the end of the April-June quarter but the company said it is looking to raise private equity funds at project level to reduce debt.

PE investment in realty rises 16% to Rs 6,010 cr in June quarter

Last Updated: Monday, August 3, 2015, 17:21

Private equity (PE) investment in the real estate sector rose by 16 percent to Rs 6,010 crore in April-June period as developers raised funds to complete existing projects on account of slow sales, says a report.

PFRDA may allow fund managers to invest 3% of corpus in PE

Last Updated: Sunday, August 2, 2015, 13:41

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

Swissport airport services sold to China's HNA for $2.8 bn

Last Updated: Thursday, July 30, 2015, 22:14

Private equity company PAI Partners announced on Thursday it is selling airport ground handling and cargo company Swissport International to China's HNA Group for 2.7 billion Swiss francs (USD 2.8 billion).

Blackstone sells stake in Agile to 4 firms including Tata unit

Last Updated: Thursday, July 30, 2015, 17:12

Blackstone Group on Thursday said it has sold its 97.9 per cent stake in Agile Electric Sub Assembly Pvt Ltd (Agile) to four different entities including Tata Capital Growth Fund.

With Rs 1,800 cr Warburg boost, Piramal eyes on mixed-use projects

Last Updated: Tuesday, July 21, 2015, 22:01

In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.

M&A activity in India drops in H1 2015: Grant Thornton

Last Updated: Friday, July 17, 2015, 22:48

The value of mergers and acquisitions (M&A) in the country shrunk for the first time since 2012 to USD 15.8 billion with 277 deals in the first six months of the current year, says a report.

China IPO freeze opens door to alternative financiers

Last Updated: Wednesday, July 15, 2015, 08:48

China`s move to halt new company listings on its stock markets is offering private equity firms, hedge funds and sovereign wealth funds an opening to fill private companies` funding needs, paving the way for more M&A activity.