PE Archives - Pinfaves

Indian businesses ahead of global peers in preference for PE: Report

June 18, 2019June 18, 2019 Loknath DasAhead, Businesses, for, Global, In, Indian, of, PE, peers, preference

About 56% of family-owned businesses in India will seek private equity funding as they look to grow their businesses, a new survey found. Globally, just 39% such businesses are willing to partner PE funds, it added. According to India’s Family Business Survey 2019 by audit and consulting firm PwC, 29% of Indian businesses were currently sourcing funds from PE and venture capital firms, against just 16% worldwide. About 25% of Indian family businesses were about to start using PE capital, the report said. PwC interviewed 2,953 family businesses globally for the survey,…

CalPERS creates direct investment platforms for late-stage VC, long-term PE bets

May 19, 2018 Loknath Dasbets, CalPERS, Creates, Direct, for, investment, late-stage, long-term, PE, platforms, VC

California Public Employees’ Retirement System (CalPERS), the largest US pension fund that is also a limited partner (LP) for a few Indian PE firms, on Thursday announced that it will create a new entity, CalPERS Direct, to make direct private equity investments. CalPERS joins a slew of global LPs that have active direct investments’ programmes across geographies, including India. Several LPs in India including UK’s CDC and Canadian pension funds, besides a clutch of sovereign funds, have direct investments in Indian companies as well as have a fund-of-funds exposure to…