IL&FS Investment Managers
India's IL&FS PE unit loses CEO
IL&FS Investment Managers (IIML), the private equity arm of India’s Infrastructure Leasing & Financial Services (IL&FS), has announced the departure of CEO Krishna Kumar Gangadharan.
KKR to buy majority stake in India's REEL for $530m
KKR has agreed to buy a 60% stake in India-based environmental services provider Ramky Enviro Engineers (REEL) for $530 million via a combination of primary and secondary investments valuing the company at $925 million.
Epsilon, IL&FS lead $8m round for India’s Farm Taaza
Epsilon Venture Partners and IL&FS Investment Managers (IIML) have led an $8 million Series A round for Indian agricultural logistics player Farm Taaza Produce.
India's IIML raises infrastructure fund target to $1b
IL&FS Investment Managers (IIML), the private equity arm of India’s Infrastructure Leasing & Financial Services (IL&FS), has raised the target of its infrastructure fund to $1 billion.
India's IL&FS names new CEO for PE unit
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing & Financial Services (IL&FS, has appointed Krishna Kumar, previously a senior managing partner, as CEO.
IL&FS, Lone Star form $550m India distress partnership
India’s Infrastructure Leasing & Financial Services (IL&FS) has launched a $550 million fund to invest in domestic distressed infrastructure assets with US-based GP Lone Star Funds.
India's IL&FS closes latest fund at $60m
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing and Financial Services, has reached a final close of $60 million on its latest growth fund.
IL&FS targets $500m India infrastructure fund
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing & Financial Services, is raising a $500 million fund to invest in domestic road and energy projects.
India's IL&FS pushes back deadline on latest fund
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing and Financial Services, has pushed back the deadline on its growth fund, with final close now expected in the first half of 2016.
India's IL&FS divests stake in Maharashtra Natural Gas
IL&FS Investment Managers has fully divested its stake in Maharashtra Natural Gas (MNGL) to Indraprastha Gas (IGL), securing a cash multiple of 4.1x.
PE investors exit India's SFO Technologies
IL&FS Investment Managers Limited (IIML), Franklin Templeton and Asia Mezzanine Capital Group (AMCG) have exited SFO Technologies, a leading Indian technology manufacturer.
India's IL&FS reaches $40m first close on growth fund
India's IL&FS Investment Managers (IIML) - the PE unit of Infrastructure Leasing & Financial Services - has made a first close on its latest growth fund at $40 million.
India economics: The Modi effect
The election of Narendra Modi has breathed new hope into India’s beleaguered economy, with private equity investors anticipating much-needed reforms. But the road to recovery is long and likely uneven
Indian GPs emphasize value-add - AVCJ Forum
Operational involvement is increasingly a priority for Indian private equity firms as new money slowly trickles into country-focused funds, GPs said at the AVCJ India Forum.
Indonesia: Infrastructure gridlock
There is substantial demand for infrastructure investment in Indonesia and plenty of opportunities to participate, yet progress is slow. Does the does the sector still hold promise for private equity?
Standard Chartered, IL&FS-backed Ramky Enviro in Australian acquisition
Ramky Enviro Engineers (REEL), an Indian waste management company backed by Standard Chartered and IL&FS Investment Managers, has agreed to acquire Australian environmental engineering and petrochemical services provider Enviropacific Services .
Indian infrastructure: Bargain basement
Indian infrastructure has fallen out of favor with investors as the fallout from pre-2009 excesses lingers. However, new opportunities in old deals have some private equity players thinking twice about the sector
IL&FS exits machine tool manufacturer for 2.91x return
IL&FS Investment Managers' Leverage India Fund (LIF) has exited its 19.3% stake in Bharat Fritz Werner (BFW), a tool manufacturing company, for INR711.9 million ($11.8 million). It has generated an IRR of 15% and a multiple of 2.91x on its INR245 million...
India’s IL&FS, IDFC see 2.6x return on gas distributor exit
IDFC Private Equity, the Asian Development Bank (ADB) and a subsidiary of IL&FS Investment Managers have sold their stake in Central UP Gas (CUGL) in a strategic sale to Indraprastha Gas. The investment generated a gross IRR of 17% and a money multiple...
Time to switch over: India's television market
The digitization of the Indian TV industry should deliver a more transparent system and an effective subscription model. PE firms can help with the infrastructure investment required to get there.
Profile: IL&FS' Archana Hingorani
When Dr. Archana Hingorani swapped academia for industry, she ended up at the nascent IL&FS. Twenty years on, she is CEO of the company’s PE unit and recognized as a pioneer in Indian infrastructure
IL&FS Private Equity invests $33m in real estate in third quarter
IL&FS Investment Managers (IIML), the India's largest private equity firm by assets under management, invested INR1.8 billion ($33 million) in real estate during the quarter ended December 2012. It also recorded exits worth INR2.45 billion across private...
PE-backed Ramky Enviro plans $200m IPO
Ramky Enviro Engineers, an Indian waste management company backed by Standard Chartered Private Equity and IL&FS Investment Managers, is planning a $200 million IPO to support expansion plans.