Bain Capital Sells $448m Stake in Axis Bank

Bain Capital Sells $448m Stake in Axis Bank

Private equity firm Bain Capital has sold a stake worth $448m in Indian private lender Axis Bank in a block trade on Wednesday, according to a term sheet seen by Reuters.   Bain affiliates BC Asia Investments VII, BC Asia Investments III and Integral Investments South...
Pictet Hits Target, Closes Healthcare Private Equity Fund at $320m

Pictet Hits Target, Closes Healthcare Private Equity Fund at $320m

Pictet Alternative Advisors has announced the close of its first healthcare-focused thematic private equity fund at $320m – exceeding its target size of $300m. The fund was launched in 2022 and is managed by Yann Mauron, David Braga Malta and Chiara Brambillasca. It...
Apollo to Save Britain’s Biggest Pub Chain with £630m Bailout

Apollo to Save Britain’s Biggest Pub Chain with £630m Bailout

Apollo Global Management Inc. is nearing a deal to provide as much as £630m of debt to Stonegate Pub Co., people with knowledge of the matter said, allowing Britain’s biggest pub chain to pay down existing borrowings before a crucial deadline.  Stonegate — which is...