The Venture Intelligence Blog

Secondary transactions rise as global PE firms buy out stakes of earlier investors Private Equity firms invested about $1,886 million across 90 deals during the quarter ended March 2012, according to a study by Venture Intelligence . The investment amount was almost half that was invested in the same period last year ($3,614 million across 107 transactions). The immediate previous quarter had witnessed $1,470 million being invested across 120 transactions. There were six reported PE investments worth over $100 million (and none above $200 million) during Q1’12 compared to 9 such transactions in the same period last year (which included 5 transactions over $200 million). Three of the $100 million+ investments in Q1’12 went into the hospitals & clinics sector: $110 million into Care Hospitals (by Advent International) and $100 million each into DM Healthcare and Vasan Healthcare (by Olympus Capital and by the Singapore Government-owned GIC respectively) reinforcing the year-end Ventu...

US-headquartered Private Equity firm Blackstone stepped on the gas on its India investments, committing to invest over half a billion dollars in just the three months ended September 2011, according to the Venture Intelligence quarterly Private Equity Roundup Reports . Overall, Private Equity firms invested about $2,249 million across 98 deals during the quarter (not including Real Estate investments). Three of Blackstone's investments during the period were targeted at companies involved in Power Projects: SKS Chhattisgarh Power Generation ($261-M via the Blackstone owned Sithe Global Power); Visa Power ($111-M) and Monnet Ispat & Power ($29-M in the listed group company of Monnet Power - in which it had invested $60-M last year). Blackstone was also involved in the largest real estate sector investment announced during Q3’11: a reported $200 million investment in Bangalore’s Manyata Embassy Business Park. The firm also wrote a small cheque (by its standards) - of about $33 mi...