Deal focus: TR leads $150m multi-asset secondary for India's Samara
TR Capital first worked with Samara Capital on a single-asset continuation fund for Sapphire Foods India – and saw the local Yum Brands franchisor go public about three months after the deal was announced. It has now reunited with Samara for what amounts to a nearly USD 150m tail-end restructuring of the Indian middle-market private equity firm’s second fund.
“For India in particular, there are two ways to generate returns as a secondary investor. You can buy average quality companies at steep discounts – we don’t like to do this because they are difficult...
More on Secondaries
Latest News
ESG backlash: Turbulent tailwinds
The strong momentum behind sustainable and responsible investment policies globally has begun to ruffle feathers in the US. Asian private equity should recognise this as a relevant warning
Deal focus: KKR makes an impact with GreenCollar
KKR helped GreenCollar take advantage of carbon credit markets that have become increasingly global and economically viable – and it took dozens of employees along for the ride
Profile: Venturra’s John Riady
A millennial member of one of Indonesia’s most prominent family business groups, John Riady became a VC investor in 2011. He has witnessed a nascent digital economy begin to fulfil its promise
Novo Tellus hits $375m first close on third Indo-Pacific fund
Novo Tellus Capital Partners, an investor in industrial technology assets across the Indo-Pacific region, has reached a first close of approximately USD 375m on its third fund – matching the overall target for the vehicle.