General Atlantic
Profile: Garena's Nick Nash
Nick Nash left a career with General Atlantic to work for one of the private equity firm’s portfolio companies. A year later he sees it as one of the best moves he’s ever made
Blackstone invests $170m in India's IBS, General Atlantic exits
The Blackstone Group has acquired a minority stake in India-based IBS Software for $170 million, facilitating an exit for General Atlantic.
General Atlantic promotes Mumbai-based Sood to principal
General Atlantic has promoted Mumbai-based Rajat Sood to principal. He has been with the firm since 2007 and was previously vice president.
General Atlantic buys stake in India's IIFL Wealth
General Atlantic has agreed to pay up to INR11.2 billion ($173 million) for a minority interest in IIFL Wealth Management (IIFLW), a subsidiary of IIFL Holdings, the Indian financial services group formerly known as India Infoline.
PE investors must think more deeply about value-add - AVCJ Forum
PE and VC firms should think more carefully about how they can add value to portfolio companies, using their board representation as a tool for constructive guidance as much as oversight, industry participants told the AVCJ Singapore Forum.
China's Meituan enters the big league
Asked whether, two years ago, he could have envisaged Chinese group-buying site Meituan achieving a $7 billion valuation Feng Deng, founding managing director of Northern Light Venture Capital, gives a swift no.
General Atlantic-backed Xiabu Xiabu targets $146m HK IPO
Xiabu Xiabu, a Chinese hotpot chain backed by General Atlantic, is seeking to raise up to HK$1.13 billion ($146 million) through a Hong Kong IPO.
VC-backed Jumei gains 10% on trading debut after $245m IPO
Jumei International Holding, a Chinese online beauty products retailer backed by several VC investors, saw its stock jump nearly 10% on its US trading debut on Friday, following a $245.1 million IPO.
General Atlantic to invest $150m in China's Jumei alongside IPO
General Atlantic has agreed to invest $150 million in Jumei International Holding, a Chinese online beauty products retailer that is seeking to raise up to $204 million through a US IPO.
General Atlantic invests in India's CitiusTech
General Atlantic has invested in Indian healthcare technology services firm CitiusTech. Financial details were not disclosed but GA is understood to have paid around $110 million for a significant minority stake.
General Atlantic, India Equity Partners seek action against Fourcee Infrastructure
General Atlantic (GA) and India Equity Partners (IEP) are pursuing legal action against their portfolio company Fourcee Infrastructure Equipments, accusing executives of “extensive forgery and willful deceit.”
Baring Asia to take majority stake in India's Hexaware, General Atlantic exits
Baring Private Equity Asia will acquire a 41.8% holding in Hexaware Technologies, an IT and business process outsourcing services firm, from the founders and General Atlantic (GA) for up to INR16.87 billion ($261.9 million). It will then have to make...
Future Ventures in talks to sell Indian apparel stake to GA – report
Future Ventures India is reportedly in talks with General Atlantic to sell its minority stake in apparel maker AND Designs India for around INR1.5 billion ($23 million)
Baring Asia to invest in PE-backed Hexaware - report
Baring Private Equity Asia (BAPE) is said to be in talks to back Hexaware Technologies, with a view to taking a majority stake in the Indian software company.
General Atlantic appoints new India senior VP
General Atlantic (GA) has appointed Alok C. Misra as senior vice president of the firm’s Resources Group in Mumbai.
Japan's Marubeni scales back deal for PE-owned Gavilon
Marubeni has scaled back its offer for General Atlantic-owned US grain trader Gavilon by $1 billion after cutting the company's energy trading arm out of the deal.
General Atlantic expands India team
Global PE firm General Atlantic has expanded its investment team in India with several new hires at its Mumbai office. The new hires include Shantanu Rastogi, who will be a principal with the firm, and associates Vijay Venkat and Varun Talukdar.
Bessemer backs Indian IT services provider Anunta
Bessemer Venture Partners (BVP) has invested in Anunta Technology Management Services, a cloud-based IT services company, as part of Series A investment round. Financial details of the deal were not disclosed.
Accel Partners leads Series C round for India's ScaleArc
Accel Partners has led a $12.3 million round of Series C funding in ScaleArc, a database infrastructure software company founded by Mumbai entrepreneur Varun Singh.
India Awards: Exit of the Year – Genpact
Genpact has a strong claim as the pioneer of business process outsourcing (BPO) in India, an industry that employs 700,000 people is now worth nearly $11 billion. According to a report by Nasscom and Everest Group, India accounts for more than 35% of...
Actis exits Xiabu Xiabu in secondary sale
In the past 12 months we have seen a 10-fold increase in secondary sales in China by value, but it is unwise to read too much into the spike: 80% of the $2.9 billion total came from Goldman Sachs selling its minority interest in Industrial and Commercial...
IFC to provide $25m to General Atlantic-backed Fourcee
International Finance Corporation (IFC), the private investment arm of the World Bank, will provide a loan of $25 million to Fourcee Infrastructure Equipments, an Indian logistics firm backed by General Atlantic (GA) and India Equity Partners.
Actis exits hotpot chain Xiabu Xiabu to General Atlantic
Actis has exited Chinese hotpot chain Xiabu Xiabu to General Atlantic after an investment period of four years.
General Atlantic appoints Apax's Sandeep Naik as India head
General Atlantic (GA) has appointed Sandeep Naik as managing director and head of its India office in Mumbai. Naik will lead GA’s investment advisory activity in the country, focusing on growth companies.