PE

Investments by venture capital and private equity funds more than halved to USD 1.9 billion in August as there were no large deals, consultancy firm EY

As PEs become new promoters, due diligence will become an important cog in the buyout processBuyouts have been on an uptrend over the past four-five years, growing more than five times in value since 2016, which had recorded $3 billion worth of such deals

Thirty percent of all investment-grade securities bore sub-zero yields, the report saidBetween January-September, 28 PE/VC firms raised $6.2 billion, compared to $5.4 billion raised by 43 firms in the whole of 2018

29 firms let regulatory nod for IPOs lapse this year, shows dataLack of investor appetite is affecting the valuation expectations of the investors

Each family office will act as an ‘investment manager’ for the deals they are leadingdirect investments account for 12% of the average family office portfolio allocation in India

The report covers sectors such as travel and hospitality, edutech, payments and wallets, fintech and healthtechThe stimulus provided by Digital India, Start Up India and Make in India also helped, it added and expects the trends in terms of consolidation will continue in 2019 as well

In 2017, the railways, in a PPP, leased out the operation and maintenance of Habibganj station to Bansal Group

Such co-investments are a win-win forthe PEs and their investors

The significant under-penetration of financial services in India and the huge growth potential for the sector are attracting PE investors

CP Plus has hired investment bank Avendus Capital to help raise the funds by selling a significant minority stake