Bain Capital infuses $175 mn in Mumbai’s realty company TARC
Global private equity company Bain Capital has infused Rs 1,330 crore (around $175 million), along with other investors in Mumbai-based real estate developer TARC Ltd. The funds have been used to retire all loans of the company. Accordingly, all existing loans of TARC stand paid off as at April 29, 2022, it said in the […]
Morgan Stanley Investment Management Launches ESG Strategies Across Europe Managed by Calvert Research and Management
Calvert Research and Management (Calvert), a subsidiary of Morgan Stanley Investment Management, today announced the European launch of a suite of responsible investing strategies focused on Environmental, Social and Governance (ESG) factors. The new Calvert strategies meet the SFDR Article 9 criteria and have a sustainable investment objective across the ESG spectrum. This news follows […]
Tiger Global, IVP, others invest $60 mn in cybersecurity firm Traceable AI
Cybersecurity startup Traceable AI on Tuesday said it has raised $60 million (Rs 456 crore) as a part of its Series B funding led by Institutional Venture Partners (IVP), with participation from Tiger Global Management and existing investors Unusual Ventures and BIG Labs. Traceable AI was established in 2020 by AppDynamics and Harness Founder Jyoti […]
Private Equity Making Huge Push Into Crypto Assets
The first quarter figure is the largest quarterly sum ever and more than double the level seen in the same period a year ago, according to data from Pitchbook Private equity investors are pouring billions of dollars into blockchain-based apps and platforms fuelled by crypto, new data show. Venture capital investment in such projects totalled […]
Apollo Global makes $750 mn debt investment in Adani-owned Mumbai airport
Mumbai International Airport Ltd (MIAL) Wednesday said that it has raised $750 million of debt in a private placement from US-based private asset manager, Apollo Global. MIAL is managed by Adani Airport Holdings Limited (AAHL), a 100% subsidiary of Adani Enterprises Ltd, the flagship company of the billionaire Gautam Adani-led Group. MIAL is a public-private […]
abrdn provides £38m debt facility to Dalmore Capital
abrdn has provided a £38m debt facility to Dalmore Capital’s 2012 vintage fund, (Dalmore Capital Fund LP – DCF). Dalmore Capital is one of the UK’s leading Public Private Partnership (PPP) investors.The financing is expected to provide abrdn’s clients with reliable, fixed rate payments under a long-term fully amortising structure. abrdn’s investment participants included Phoenix Group, a longstanding funding partner to abrdn, and abrdn’s Multi Sector […]
Stonepeak invests €1bn in private schools operator Inspired
UK group points to strong post-pandemic demand A US private equity company is taking a €1bn stake in an operator of schools around the world, as investors eye rising global demand for private education bouncing back from disruption caused by coronavirus. Stonepeak, a $46bn investment firm focused on transport and communications infrastructure, will acquire a […]
IFC makes debt investment in Blackstone-backed housing finance firm
International Finance Corporation (IFC), private investment arm of the World Bank, has proposed to make a debt investment of up to $75 million (around Rs 574 crore) in Aadhar Housing Finance Ltd, a portfolio company of US-based private equity major Blackstone Group. IFC’s investment in Aadhar comes a couple of days after it announced commitment of […]
Rockpoint and ADIA Form Platform to Invest in $2 Billion of Industrial Real Estate
Rockpoint, a Boston-based real estate investment management firm, today announced it has formed a platform with a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”). The platform will target industrial investment opportunities representing approximately $2 billion in gross asset value. The new investment vehicle will focus primarily on build-to-core industrial investments in high barrier-to-entry locations across infill, demand-driven, […]
James Murdoch, Uday Shankar lead $1.8 bln investment in India’s Viacom18
An investment company set up by Rupert Murdoch’s son James and former Disney India executive Uday Shankar said on Wednesday it will invest $1.8 billion in Reliance Industries’ broadcasting business Viacom18. Indians are rapidly adopting streaming platforms including Netflix and Amazon’s Prime Video, which have been offering cheaper plans and local language content. As well as streaming […]
