IndiaRF plans new deal; Creador taps returning LP; How much is Quadria making in latest exit?

Trouble viewing this email? [View in web browser](=/0/aHR0cHM6Ly9hc3NldHMudmNjaXJjbGUuY29tL25ld3NsZXR0ZXIvMjAyNC8wNy9kYWlseS92Y2MtZGFpbHktbmV3c2xldHRlci0yMDI0LTA3LTI1Lmh0bWw=/66a25f11b62e5881b9898da8-20240725) [VCCircle](=/1/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLw==/66a25f11b62e5881b9898da8-20240725) Thursday, 25 Jul 2024 =/2/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tLyNuZXdzbGV0dGVy/66a25f11b62e5881b9898da8-20240725 =/3/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BpcmFtYWxiYWluLXMtaW5kaWEtcmVzdXJnZW5jZS1mdW5kLWluLXRhbGtzLWZvci1zdGFrZS1pbi1waGFybWEtcGxheWVy/66a25f11b62e5881b9898da8-20240725 Private Equity [Piramal-Bain's India Resurgence Fund in talks for stake in pharma player](=/4/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BpcmFtYWxiYWluLXMtaW5kaWEtcmVzdXJnZW5jZS1mdW5kLWluLXRhbGtzLWZvci1zdGFrZS1pbi1waGFybWEtcGxheWVy/66a25f11b62e5881b9898da8-20240725) India Resurgence Fund (IndiaRF), a stressed assets investment platform co-floated by Piramal Group and Bain Capital, is negotiating to pick up a stake...... [Read more](=/5/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BpcmFtYWxiYWluLXMtaW5kaWEtcmVzdXJnZW5jZS1mdW5kLWluLXRhbGtzLWZvci1zdGFrZS1pbi1waGFybWEtcGxheWVy/66a25f11b62e5881b9898da8-20240725) --------------------------------------------------------------- Private Equity [PE firm Creador set to bag cheque from returning LP](=/6/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlZmlybS1jcmVhZG9yLXNldC10by1iYWctY2hlcXVlLWZyb20tcmV0dXJuaW5nLWluc3RpdHV0aW9uYWwtbHA=/66a25f11b62e5881b9898da8-20240725) Mid-market private equity firm Creador, which focuses on investments in South and Southeast Asia, may get an institutional investor to back its latest...... [Read more](=/7/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3BlZmlybS1jcmVhZG9yLXNldC10by1iYWctY2hlcXVlLWZyb20tcmV0dXJuaW5nLWluc3RpdHV0aW9uYWwtbHA=/66a25f11b62e5881b9898da8-20240725) --------------------------------------------------------------- Private Equity [Can Quadria Capital meet benchmark in partial exit from India healthcare bet?](=/8/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbnF1YWRyaWFjYXBpdGFsLW1lZXQtYmVuY2htYXJrLWluLXBhcnRpYWwtZXhpdC1mcm9tLWluZGlhLWhlYWx0aGNhcmUtYmV0/66a25f11b62e5881b9898da8-20240725) Singapore- and Delhi-based private equity firm Quadria Capital, which aims to raise up to $1 billion for its latest fund and hit the first close in ...... [Read more](=/9/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2NhbnF1YWRyaWFjYXBpdGFsLW1lZXQtYmVuY2htYXJrLWluLXBhcnRpYWwtZXhpdC1mcm9tLWluZGlhLWhlYWx0aGNhcmUtYmV0/66a25f11b62e5881b9898da8-20240725) --------------------------------------------------------------- =/10/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2luZGlhc2UtYXNpYS1mb2N1c2VkLWJwZWEtY3JlZGl0LWV4dGVuZHMtZmluYW5jaW5nLXRvLW1hbnVmYWN0dXJpbmctZmlybQ==/66a25f11b62e5881b9898da8-20240725 Credit [India, SE Asia-focused BPEA Credit extends financing to manufacturing firm](=/11/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2luZGlhc2UtYXNpYS1mb2N1c2VkLWJwZWEtY3JlZGl0LWV4dGVuZHMtZmluYW5jaW5nLXRvLW1hbnVmYWN0dXJpbmctZmlybQ==/66a25f11b62e5881b9898da8-20240725) Mid-market debt financier BPEA Credit, which recently hit the final close of its latest India-focused rupee-denominated fund at Rs 750 crore ($90 ...... [Read more](=/12/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2luZGlhc2UtYXNpYS1mb2N1c2VkLWJwZWEtY3JlZGl0LWV4dGVuZHMtZmluYW5jaW5nLXRvLW1hbnVmYWN0dXJpbmctZmlybQ==/66a25f11b62e5881b9898da8-20240725) --------------------------------------------------------------- Finance [Bottomline: Vastu Housing Finance’s AUM for last fiscal soars past $1 bn mark](=/13/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmV2YXN0dS1ob3VzaW5nLWZpbmFuY2Utcy1hdW0tZm9yLWxhc3QtZmlzY2FsLXNvYXJzLXBhc3QtMS1ibi1tYXJr/66a25f11b62e5881b9898da8-20240725) Private equity firm Multiples PE-controlled non-banking company Vastu Housing Finance recorded a significant rise in its assets under management (AUM...... [Read more](=/14/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2JvdHRvbWxpbmV2YXN0dS1ob3VzaW5nLWZpbmFuY2Utcy1hdW0tZm9yLWxhc3QtZmlzY2FsLXNvYXJzLXBhc3QtMS1ibi1tYXJr/66a25f11b62e5881b9898da8-20240725) --------------------------------------------------------------- Venture Capital [Nasher Miles, Neo raise early-stage funds](=/15/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL25hc2hlcm1pbGVzLW5lby1yYWlzZS1lYXJseS1zdGFnZS1mdW5kcw==/66a25f11b62e5881b9898da8-20240725) Luggage company Nasher Miles and wealth management platform Neo raised early-stage funds on Thursday. Nasher Miles Luggage brand Nasher Miles ...... 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[Read more](=/20/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL3NvZnRiYW5rYmFja2VkLW9sYS1lbGVjdHJpYy1zdXNwZW5kcy1jYXItcHJvamVjdC10by1mb2N1cy1vbi1zY29vdGVycy1iaWtlcw==/66a25f11b62e5881b9898da8-20240725) --------------------------------------------------------------- General [Grapevine: I Squared plans an exit; Ola Electric IPO likely in August](=/21/aHR0cHM6Ly93d3cudmNjaXJjbGUuY29tL2dyYXBldmluZWktc3F1YXJlZC1wbGFucy1hbi1leGl0LW9sYS1lbGVjdHJpYy1zZXQtdG8tZmxvYXQtaXBv/66a25f11b62e5881b9898da8-20240725) Private equity firm I Squared Capital and sovereigh wealth fund Abu Dhabi Investment Authority (ADIA) plan to sell up to $400 million worth of ...... 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