ADV Partners, Ares Asia, InvAscent in exit news; Nabventures ex-CEO floats own investment firm

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNi9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA2LTE4Lmh0bWw=/66719ce0251525baa39f5d6d-20240618) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66719ce0251525baa39f5d6d-20240618) Tuesday, 18 Jun 2024 =/2/aHR0cHM6Ly9scHN1bW1pdC52Y2NldmVudHMuY29tL2R1YmFpLw==/66719ce0251525baa39f5d6d-20240618 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FkdnBhcnRuZXJzLWJlYXRzLWJlbmNobWFyay13aXRoLXlldC1hbm90aGVyLW1hcnF1ZWUtaW5kaWEtYmV0/66719ce0251525baa39f5d6d-20240618 Private Equity [ADV Partners beats benchmark with yet another marquee India bet](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FkdnBhcnRuZXJzLWJlYXRzLWJlbmNobWFyay13aXRoLXlldC1hbm90aGVyLW1hcnF1ZWUtaW5kaWEtYmV0/66719ce0251525baa39f5d6d-20240618) ADV Partners, a private equity firm, which invests across sectors in Asia and recently exited a five-year old India bet with multi-fold returns, has ...... [Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FkdnBhcnRuZXJzLWJlYXRzLWJlbmNobWFyay13aXRoLXlldC1hbm90aGVyLW1hcnF1ZWUtaW5kaWEtYmV0/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- Private Equity [Ares Asia spins high returns from India portfolio after a string of flops](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FyZXNhc2lhLXNwaW5zLWhpZ2gtcmV0dXJucy1mcm9tLWluZGlhLXBvcnRmb2xpby1hZnRlci1hLXN0cmluZy1vZi1mbG9wcw==/66719ce0251525baa39f5d6d-20240618) Private equity-style alternative investment firm Ares Asia, formerly Ares SSG, which began life after US-based Ares Management acquired SSG Capital ...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2FyZXNhc2lhLXNwaW5zLWhpZ2gtcmV0dXJucy1mcm9tLWluZGlhLXBvcnRmb2xpby1hZnRlci1hLXN0cmluZy1vZi1mbG9wcw==/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- Private Equity [InvAscent may get an exit as portfolio firm scouts for new investors](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ludmFzY2VudGV5ZXMtZXhpdC1hcy1wb3J0Zm9saW8tZmlybS1zY291dHMtZm9yLW5ldy1pbnZlc3RvcnM=/66719ce0251525baa39f5d6d-20240618) A portfolio company of private equity firm InvAscent is testing the waters to attract new investors, both to raise fresh capital and to provide an ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ludmFzY2VudGV5ZXMtZXhpdC1hcy1wb3J0Zm9saW8tZmlybS1zY291dHMtZm9yLW5ldy1pbnZlc3RvcnM=/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcm5hYnZlbnR1cmVzLWNlby1zdGFydHMtb3duLWludmVzdG1lbnQtZmlybS1mb3ItZ3Jvd3RoLXN0YWdlLWJldHM=/66719ce0251525baa39f5d6d-20240618 Venture Capital [Former Nabventures CEO starts own investment firm for growth-stage bets](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcm5hYnZlbnR1cmVzLWNlby1zdGFydHMtb3duLWludmVzdG1lbnQtZmlybS1mb3ItZ3Jvd3RoLXN0YWdlLWJldHM=/66719ce0251525baa39f5d6d-20240618) Rajesh Ranjan, former chief executive officer of Nabventures, a venture growth equity fund that invests in agriculture, food, rural businesses and ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2Zvcm1lcm5hYnZlbnR1cmVzLWNlby1zdGFydHMtb3duLWludmVzdG1lbnQtZmlybS1mb3ItZ3Jvd3RoLXN0YWdlLWJldHM=/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- Finance [Bottomline: Actis-owned lender Profectus ups profit, AUM nearing $500 mn mark](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVuYmZjLXByb2ZlY3R1cy1yZWNvcmRzLWhpZ2hlci1yZXZlbnVlLWZvci1meTI0LWFzLWF1bS1ncm93cw==/66719ce0251525baa39f5d6d-20240618) Private equity firm Actis-controlled non-banking financial company (NBFC) Profectus Capital Pvt. Ltd, saw a decent rise in its assets under management...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmVuYmZjLXByb2ZlY3R1cy1yZWNvcmRzLWhpZ2hlci1yZXZlbnVlLWZvci1meTI0LWFzLWF1bS1ncm93cw==/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- Private Equity [ESR India bets $33 mn to expand Chennai industrial park](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2VzcmluZGlhLWJldHMtMzMtbW4tdG8tZXhwYW5kLWNoZW5uYWktaW5kdXN0cmlhbC1wYXJr/66719ce0251525baa39f5d6d-20240618) Warehousing and logistics-focused real estate developer ESR India, a joint venture between ESR Group and Allianz Real Estate, has acquired an ...... 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[Read more](=/19/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2F4aWxvcmJldHMtb24taGVhbHRodGVjaC1wbGF0Zm9ybS1hbHZ5ZS1mb3VyLW90aGVycy1yYWlzZS1lYXJseS1zdGFnZS1mdW5kcw==/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- Markets [SEBI plans tweaks to address derivative trading risks](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NlYmlwbGFucy10d2Vha3MtdG8tYWRkcmVzcy1kZXJpdmF0aXZlLXRyYWRpbmctcmlza3M=/66719ce0251525baa39f5d6d-20240618) India's markets regulator is considering a series of tweaks to its derivative trading rules, according to two sources, as it seeks to address ...... 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[Read more](=/23/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2ZpdGNocmF0aW5nc3JhaXNlcy1pbmRpYS1zLTIwMjQtMjUtZ2RwLWZvcmVjYXN0LXRvLTctMg==/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- M&A [Visa processing firm BLS’ arm acquires Aadifidelis Solutions](=/24/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Zpc2Fwcm9jZXNzaW5nLWZpcm0tYmxzLWFybS1hY3F1aXJlcy1hYWRpZmlkZWxpcy1zb2x1dGlvbnM=/66719ce0251525baa39f5d6d-20240618) BLS International, a visa processing and consular services firm, Tuesday said its subsidiary, BLS E-Services Ltd, has entered into definitive ...... [Read more](=/25/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3Zpc2Fwcm9jZXNzaW5nLWZpcm0tYmxzLWFybS1hY3F1aXJlcy1hYWRpZmlkZWxpcy1zb2x1dGlvbnM=/66719ce0251525baa39f5d6d-20240618) --------------------------------------------------------------- Markets [Sensex, Nifty end at record high for third session, aided by IT, private banks](=/26/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NlbnNleG5pZnR5LWVuZC1hdC1yZWNvcmQtaGlnaC1mb3ItdGhpcmQtc2Vzc2lvbi1haWRlZC1ieS1pdC1wcml2YXRlLWJhbmtz/66719ce0251525baa39f5d6d-20240618) Indian shares finished at record closing highs for the third session in a row on Tuesday, led by gains in technology firms and private banks, and ...... 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