The India-focused private equity and real estate firm's investment in Star Health and Allied Insurance is its maiden deal from India Advantage Fund Series 3.
2 min read · 24 January 2013
Raising a private equity fund in 2010 is not a task for the fainthearted – long gone are the days when GPs could easily double fund sizes and rely on re-ups. With colour-coded references to the Capital Pursuit! board game in April’s issue, PEI examines a selection of the complex issues one must navigate in today’s global fundraising market.
10 min read · 24 January 2013
Cricket takes priority over private equity on the sub-continent
1 min read · 24 January 2013
Entities around the world rail against ‘third-party’ measures in the Directive.
3 min read · 24 January 2013
IL&FS Investment Managers plans to sell part of its stake in Ramky Infrastructure's proposed IPO, through which the company intends to raise INR4bn.
2 min read · 24 January 2013
Brookfield Asset Management has increased its stake in Songbird Estates, the majority-owner of London’s Canary Wharf, after buying shares from Canadian pension fund, Ontario Teachers.
1 min read · 24 January 2013
Mark Fogle, who was chief investment officer for Asia at the Deutsche Bank-owned alternative investment and asset management platform, has confirmed his departure from the firm. Fogle joined RREEF at the start of 2007 after a spell with AIG.
1 min read · 24 January 2013
The former global head of Morgan Stanley Real Estate Investing is joining forces with John Carrafiell and Fred Schmidt to create their own merchant banking real estate platform.
2 min read · 24 January 2013
A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.
3 min read · 24 January 2013
The Chinese government has prohibited real estate development by state-owned business for which real estate is not their core business. The move was welcomed by the private equity real estate sector.
2 min read · 24 January 2013