Private Equity

This category contains 4 posts

Talking Point: Private Equity In India – London Magazine, Financier Worldwide, moderates an online discussion covering private equity in India between Sanjay Asher at Crawford Bayley & Co., Satvik Varma at Independent Law Chambers and Srinivas Kilambi at KSB Partners

FW: How would you describe recent deal activity involving private equity firms in India? Kilambi: The level of deal activity has been patchy. While in certain sectors there has been a small increase in private equity investment, other sectors such as real estate have seen a steep decline in investment levels in the last year. … Continue reading

Transformation of private equity

Private equity (PE) could soon be rechristened ‘change capital’ or ‘value-added equity’. Expressing these views at a recent conference, David Rubenstein, co-founder of Carlyle Group, believes that going forward, “investments will be smaller and less frequent, equity levels put into deals will rise, debt will be more expensive than before and holding periods will also … Continue reading

PE investments in times of fear

M&A activity typically faces a downturn when the financial markets are unstable. The unprecedented fear generated by the ongoing global economic slowdown has directly affected public sentiment and the ability to raise funds from the capital markets. Currently, it is also very expensive to raise debt. Indian companies, which have been developing at a rapid … Continue reading

SPACs may give traditional PEs a run for their money

Special Purpose Acquisition Companies (or SPAC) appear to be in vogue for corporate acquisitions. Also described as “blind pool”, “blank-check” or “development stage companies”, a SPAC, without any assets, revenue or operational history, raises money through an initial public offering (IPO), based on the strength of its management team, industry and geographic focus, with the … Continue reading