Everstone Capital
Everstone buys stake in Delhi restaurant chain
Everstone Capital has agreed to buy a 45% stake in Pind Balluchi, a New Delhi-based restaurant chain, for about $20 million. The private equity firm will invest in JS Hospitality Services, which operates about 30 restaurants under the Pind Balluchi brand.
Actis, Nexus and ChrysCapital's Dhawan win at AVCJ India awards - Update
Ashish Dhawan, the founder and senior managing director of ChrysCapital Investment Advisors who is transitioning out of his role to devote more time to philanthropy, won the AVCJ Special Achievement Award at the AVCJ Indian Private Equity and Venture...
Established Indian GPs shine in fundraising
It's not secret that many private equity firms are gearing up for a major fundraising spree in Asia. From the global firms like KKR, Bain and TPG to the Asia-based regional funds and focused, country-specific funds, private equity vehicles are in the...
India’s alternative lenders
Non-banking finance companies are becoming increasingly significant in India’s financial sector. Foreign private equity firms are keen to get involved, but how does this fit into their wider strategies?
Indian ethnic fashion retailer seeks private equity investment
Wolfensohn Capital Partners is going to sell its 8% stake in ethnic fashion retailer Fabindia. The exit comes as Fabindia looks to raise around INR2 billion from new investors.
PE-backed Muthoot Finance seeks to raise $218m
Muthoot Finance, India’s largest gold-loan non-banking finance company (NBFC) plans to raise INR10 billion ($218 million) through the issue of listed retail non-convertible debentures (NCDs). It would follow four rival NBFCs, including Mannapuram Finance...
PE firms target Indian non-banking financial companies
Private equity firms have invested $200 million in six Indian non-banking financial companies (NBFCs) since the start of the year despite regulators saying they will tighten their grip on the sector, Live Mint reported.
GS and Everstone to laurnch NBFC in India – reports
US banking giant Goldman Sachs, Everstone Capital, Ashmore Group and several other funds have linked up to establish a non-banking finance company (NBFC) in India, according to reports.
Everstone set to close $550m fund
Indian PE firm Everstone Capital Partners is set to close its second fund at its planned $550 million corpus despite an influx of investor interest that has led to the vehicle’s oversubscription, an investor close to the vehicle confirmed to AVCJ.
Everstone focusing on corporates, not warehouses
Indian PE firm Everstone Capital is not on track to raise a new real estate fund focusing specifically on warehouses and logistics, industry sources say, contrary to earlier media reports.
Everstone Capital makes $250 million first close of second fund
Indian PE firm Everstone Capital has raised $250 million in the first close of its Indivision India Partners II, its second private equity fund, marking the approximate half-way point towards its $550 million target before the end of the year, according...
TPG joins Bain on Lilliput
TPG Capital's growth capital arm is joining Bain Capital in its investment in Delhi-based children's clothing business Lilliput Kidswear.
Bain goes to Lilliput in India
Bain Capital India is to invest some $79 million for an undisclosed stake - thought to be at least 10% - in Lilliput Kidswear, a Delhi-based manufacturer of children's apparel and accessories.
The mill wheels churn
Two big investments in one week follow two major trade sales in the previous week.
Asian Genco power deal for GA, Goldman, Everstone, Morgan Stanley, Norwest
Singapore-headquartered Indian power generation infrastructure group Asian Genco has received $425 million from a consortium of investors led by Morgan Stanley Infrastructure Partners, including General Atlantic, Goldman Sachs, Everstone Capital, and...