The India Media Fund, set up about three months ago to accelerate investments in the Indian media and entertainment sector, is planning to list on the Alternative Investment Market (AIM) to raise close to $150 million. […]
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The India Media Fund, set up about three months ago to accelerate investments in the Indian media and entertainment sector, is planning to list on the Alternative Investment Market (AIM) to raise close to $150 million. […] With the government withdrawing the blanket pass-through taxation status of private equity(PE) funds based in the country, domestic funds appear to be rejigging their portfolios smartly. ICICI Venture made a partial exit from seven listed companies in its portfolio in … […] 3i Group Plc, Europe's biggest publicly traded buyout and venture capital firm, plans to raise $5 billion for a fund to invest in Indian ports, power plants and roads, two people with knowledge of the plan said. The initial target … […] The sons of Dabur India chairman VC Burman—Mohit and Gaurav—are floating a private equity fund to invest in Indian companies. Even though a source close to Mohit Burman said it was premature to comment on the fund, an international media … […] Ptarmigan Capital , the alternative asset management firm launched earlier this year, has expanded its staff as it prepares to launch its first fund in India's booming real estate sector. Arvind Bajaj has been hired as principal for … […] After parting ways with Morgan Stanley, the Nimesh Kampani-controlled JM Financial has lost no time in developing one of its new focus areas, real estate. The group’s $400-million real estate fund, Infinite Investment Management, has invested close to $60 million … […] Tata Group promoted Trent Ltd on Monday said that it has entered into an agreement with private equity firm The Xander Group Inc for an institutional retail real estate fund in partnership with Indian developers. “Xander, through one or more … […] IDBI Bank is planning to enter the private equity (PE)and mutual funds businesses. IDBI will submit its application for MF business by September this year, while the PE venture will be through a subsidiary which will be in place by end of the current financial year. CMD V P Shetty said IDBI also plans to launch insurance business in alliance with Fortis by July. “We should be selling our first policy by July 2007. We will focus […] Credit Suisse today announced the expansion of Credit Suisse Private Equity Asia and has roped in Harjit Bhatia to head a team of six professionals. The team comprising Hemang Raja, Rakesh Mital, Soma Ghosal Dhar, Isiah Zhang and Imelda Tham joined Bhatia from Ritchie Capital Management. Heath Zarin, who started Credit Suisse’s Asian private equity investment activities, will also be joining the team. Paul Callelo, chief executive officer of Credit Suisse, Asia Pacific said: “Credit Suisse has […] A UK-based property investor plans to invest 250 million pounds in India's booming real estate sector in the next five years. “In the next five years we are planning to invest 250 million pounds in India,” Suchit Punnose, Director Investments … […] |