MCap Fund Managers
India: Draining the PIPEs
PIPE deals remain a significant part of private equity in India, but a slowdown in recent years has prompted investors to evaluate strategies and the place for public market deals in private portfolios
India's MCap cancels plans for a second fund
MCap Fund Managers, the Indian GP that spun-out from Baring Private Equity Partners India in 2010 and closed a $60 million fund the following year, will not raise a second vehicle.
MCap, IDFC invest $20m in ReGen Powertech
Subbu Subramaniam, who spun out from Baring Private Equity Partners India three years ago to form MCap Fund Advisors, has backed ReGen Powertech in his first pure private equity deal. MCap’s previous investments were PIPE deals for companies including...
MCap-backed Jyothy Labs secures $110m loan
Jyothy Laboratories, the Indian consumer products maker backed by MCap Fund Advisors, has raised an INR5.5 billion ($110 million) loan to refinance its debt.
Former head of SBI Macquarie seeks $500m for India fund
Violet Arch Capital Advisors, a startup run by Varun Bajpai, former head of SBI Macquarie Infrastructure Fund, is looking to raise $500 million for its debut fund. The vehicle will be sector agnostic, targeting opportunities that are driven by India’s...
India fundraising: Survival of the fittest
India has seen plenty of private equity spinouts but an increasingly difficult fundraising environment is expected to separate the men from the boys