During his stint, the firm has bet on IPO-bound JSW Cement and HeroFinCorp as well as InterGlobe Technologies, Monnet Ispat , Mytrah Energy and Avantha Holdings via Aion Capital ( a JV with ICICI Ventures). Recently, an Apollo-led investor group sealed a $750 mn deal with Adani's Mumbai Airport
Aion Capital looking at an exit from Clix Capital in next 12-18 months, say sources. The company will start getting ready for an IPO in next 18 months, source said.
Jyoti Structures shares rallied 12.6 percent in early trade Friday on a report that Aion Capital Partners invested Rs 300 crore in the company.
US private equity firm Apollo Global Management LLC is in talks to sell its 11 percent stake in India's largest direct-to-home satellite service operator Dish TV India Ltd , two sources with direct knowledge of the development told Reuters on Wednesday.
McGraw-Hill said today it agreed to sell its education unit for USD 2.5 billion, allowing the group to focus on financial operations including its Standard & Poor's brand.
Carlyle Group LP is eyeing a market valuation of USD 7.5 billion to USD 8 billion in an initial public offering, as the U.S. private equity firm prepares to kick off a marketing blitz to investors, perhaps as soon as next week, said a source with knowledge of the situation.
Gati touched an intraday high of Rs 69.90 and an intraday low of Rs 67.50. At 11:41 hrs the share was quoting at Rs 69.30, up Rs 1.75, or 2.59%.
Private equity fund Apollo Global Management will invest about USD 500 million in Indian steel pipe manufacturer Welspun group, in the second biggest private equity investment in India this year as firms take advantage of the rapid growth in Asia’s third largest economy.