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The International Finance Corporation, Washington, (IFC) the multilateral investment arm of the World Bank, is close to pick up stakes in two India focussed private equity (PE) funds – Aloe Environment Fund 2 (Aloe 2) and Samara Capital Partners Fund … […] Private sector lender Yes Bank said on Wednesday it launched a $100 million private equity fund to invest in food and agriculture sectors. The Food and Agribusiness India Fund plans to invest its entire amount in 1-2 years, earmarking $5-7.5 million per company and expects an average annual return of 20-25 percent, it said in a statement. Source : Reuters In a rather tactical move, Reliance Life Sciences (RLS) has invested an undisclosed amount in MPM Capital, a US-based global investment management firm focused solely on healthcare investing. After its first investment in a venture capital fund, Reliance has become a limited partner in MPM Capital's newest fund, MPM BioVentures IV. […] Evolvence India Fund, (EIF), an established private equity fund of funds focusing on growth capital in India, has announced an investment of US$ 20 million into JM Financial India Fund, a corporate private equity fund sponsored by JM Financial Ltd, a dominant financial services group, and lead investor, Old Lane Partners, based in the U.S. […] With India emerging as one of the most preferred investment destinations globally, World Bank's private equity arm, International Finance Corporation (IFC), is aiming at crossing the $500 million mark in new investments by June. “IFC's currently-held portfolio is $1.3 billion (as of June 2006) making India our fourth-largest country of operations. In FY06-07 (ending June 30), we hope to cross the $500 million in new investments in India,” IFC South Asia Senior Manager Sujoy Bose told PTI. […] Nasscom is set to launch a Venture Fund along with Hyderabad-based ICICI Knowledge Park, an arm of the ICICI bank. Disclosing this to CyberMedia News here, Rajdeep Sehrawat, vice president of Nasscom, said the new Venture Fund will be under the trade body but will run as a professional Venture Fund. “We have earmarked Rs 100 crore to fund IT start-ups in India, which are involved in IP-creation. These companies could be anyone who is working on automotive electronics, wireless and broadband, life sciences, medical devices and the like,” he informed. […] The private equity arm of Asian investment bank, CLSA, has $700 million available to invest in small and medium-sized Asian companies in sectors such as real estate and consumer goods, an executive said on 23 May. Josephine Price, deputy chief … […]
Actis Capital LLP, a Private Equity (PE) firm, has its eye on emerging markets, to raise USD 3 billion South-Asia fund. Rs 4, 100 crore (USD 1 billion) from the fund will be invested in India; Actis is quoted to … […] Bahrain-based Gulf Finance House (GFH) yesterday officially announced the launch of its $395 million private placement, to raise the equity required to fund the infrastructure of Energy City India. The investment is expected to yield a total return of at least 75 per cent over three years and the equity issue is being underwritten by Kuwait Investment Company. Following the success of the Energy City Qatar project, Energy City India is the second energy city in a series of energy- focused business clusters planned across the Middle East and Asia. […] International Finance Corporation (IFC) is looking to sell its 12.5% stake in Global Trade Finance (GTF), a Mumbai-based integrated trade finance company. IFC, which is the private equity arm of World Bank, is learnt to be in discussions with global … […] |