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Showing posts from May, 2022

Legal Capsule by Acuity Law

Private Placement Memorandum Alternative Investment Funds (“AIFs”/ “Funds”) are privately pooled investment vehicles which collects funds from investors, whether Indian or foreign, for investing such funds in accordance with a defined investment policy for the benefit of their investors. AIFs in India are governed by the Securities and Exchange Board of India (Alternative Investment Regulations), 2012 (“AIF Regulations”) and regulated by the Securities and Exchange Board of India (“SEBI”). AIF Regulations are based on the premise that AIFs are a high-risk asset class, in which only sophisticated and well-informed investors participate. AIF Regulations, therefore, emphasize on the investors being informed of all material information regarding the AIFs and whenever any material changes are introduced therein, investor consent is sought prior to executing such changes. To read more about the structure of an AIF and key participants involved in the AIFs, please click here . Private Placeme

AZB & Partners tops League Table for Legal Advisors to M&A deals for Q1 2022

Khaitan and SAM claim the No.2 & No. 3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions for Q1 2022. AZB advised 22 M&A deals worth $4.8 Billion. It was followed by Khaitan & Co. ($3.95 Billion across 25 deals) and Shardul Amarchand Mangaldas (SAM) ($3.91 Billion across 11 deals) in the second and third spots respectively. K Law ($3.6 Billion across 6 deals) took the fourth spot with Baker McKenzie and Goodwin Procter ($3.3 Billion across 1 deal) completing the top five. The Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the larger M&A deals during Q1 2022, SAM, K Law, Baker Mckenzie, and Goodwin Procter advised the $3.3 Billion acquisition of Viatris’ biosimilars business by Biocon Biologics (a subsidiary

Allegro Advisors tops League Table for Transaction Advisors to M&A deals for Q1 2022

PJT Partners and Citi  claim the No.2 & No.3 slots   Allegro Advisors topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals for Q1 2022. Allegro advised 2 deals worth $3.3 Billion. International firm PJT Partners ($3.3 Billion across 1 deal) and Citi ($2.2 Billion across 2 deals) took the second and third spots respectively. Axis Capital and Credit Suisse ($1.625 Billion across 1 deal) took the fourth spot and Arpwood Capital ($1.623 Billion across 1 deal) completed the top five. The  Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the largest deals in Q1 2022, Allegro Advisors and PJT Partners acted as the advisors to the $3.3 Billion acquisition of Viatris’ biosimilars business by Biocon Biologics (a subsidiary of publicly listed Biocon) . Axis Capital, Ci

AZB & Partners tops League Table for Legal Advisors to Private Equity deals for Q1 2022

Trilegal and CAM claim the No.2 & No.3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to Private Equity Transactions for Q1 2022. AZB advised PE deals worth $6.6 Billion (across 45 qualifying deals) during the period. Trilegal ($4.05 Billion across 28 deals) and Cyril Amarchand Mangaldas (CAM) ($3.99 Billion across 32 deals) took the second and third spots. Khaitan & Co. ($3.1 Billion across 16 deals) and Shardul Amarchand Mangaldas (SAM) ($1.6 Billion across 15 deals) completed the top five. Among the largest PE deals in Q1 2022,  AZB, Trilegal, CAM, Khaitan, Argus Partners,  and Anagram Partners advised food delivery unicorn Swiggy's $634 million fundraise, led by Invesco . Trilegal, CAM, and Khaitan advised the $593 million acquisition of IDFC Asset Management Company by a consortium comprising Bandhan Financial Holdings Limited and private equity investors GIC and ChrysCapital . AZB acted as advisor to Bain Capital&#

Avendus tops League Table for Transaction Advisors to Private Equity deals for Q1 2022

Citi and JM Financial claim the No.2 slot Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions for Q1 2022. Avendus advised 11 deals worth $1.8 Billion. Citi and JM Financial stood second having advised 1 deal worth $593 million. They were followed by Axis Capital , JP Morgan , and Nova Dhruva Capital with 1 deal worth $486 million. PwC ($320 million across 2 deals) and IndigoEdge ($139 million across 4 deals) completed the top five for Q1 2022. Among the larger private equity deals in Q1 2022, Avendus acted as advisor to food delivery unicorn Swiggy's $634 million fundraise, led by Invesco . Citi and JM Financial advised the $593 million acquisition of IDFC Asset Management Company by a consortium comprising Bandhan Financial Holdings Limited and private equity investors GIC and ChrysCapital . Axis Capital, JP Morgan, and Nova Dhruva Capital acted as the advisors to Bain Capital's $486 million acquisition of a 25%