The Indian private equity firm has called for an enquiry into the running of retail company Subhiksha after liquidity issues surfaced and KPMG was unable to complete an independent review of company accounts.
2 min read · 08 February 2013
For MENA-based private equity funds, fundraising is no picnic, writes Jenny Blinch.
3 min read · 08 February 2013
The fund, which is reportedly targeting $731m will focus on listed equities that have fallen in value following the financial crisis.
1 min read · 08 February 2013
The Indian private equity firm has called for an enquiry into the running of retail company Subhiksha after liquidity issues surfaced and KPMG was unable to complete an independent review of company accounts.
2 min read · 08 February 2013
The Delhi-based firm has held a first close for its third private equity fund, which aims to raise $250m by the end of the second quarter.
2 min read · 08 February 2013
More than 250 expressions of interest from parties including private equity real estate firms have been received by the collapsed bank’s liquidators for its assts in Asia.
1 min read · 08 February 2013
The quoted investment manager suffered a net loss for the first time in its history, due largely to hedge fund positions. Its private equity portfolio is 'in better shape' than many competitors, chief executive Nemir Kirdar has said.
2 min read · 08 February 2013
Valuation difficulties have prompted the Texas-based mega-firm to cease talks that began more than a year ago with the Kuwait Investment Authority and two California pensions over the potential sale of a single digit stake in its management company.
3 min read · 08 February 2013
Prax is set to take advantage of a projected population boom in Xi’an, the capital of China’s Shaanxi province, by investing almost $30m in a residential development in the city. The population of Xi’an is due to grow to 5.3m by 2020 – up from 3.1m in 2007.
1 min read · 08 February 2013
In India, Millennium Spire decided it had to become a developer as well as an investment manager. It is now targeting its second fund. PERE Magazine February 2009 issue
3 min read · 08 February 2013
