Posted on 09 June, 2020
“I expect growth-PE deals to pick up towards the end of this year,” said Pankaj Raina, Managing Director, Research and Investments, Zephyr Peacock India.
Raina added that potential buyout deals and late-stage distress deals will be available in highly leveraged industries, and from corporates willing to divest, in an attempt to raise debt to improve liquidity position.
Below is an excerpt from the post that first appeared on The Hindu Business Line on 9 June 2020:
Late-stage funding in India remained strong in the first quarter of 2020, even as early-stage and growth-stage investments declined, compared to 2019.
According to data from Venture Intelligence, a firm that tracks private companies’ investments, financials and valuations, the total amount that went into late-stage companies was $1.8 billion in Q1 2020, a nearly 33 per cent increase from $1.36 billion in Q1 2019. Late-stage funding includes seventh or later rounds of institutional investments or investments into companies more than 10 years old.
Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity funds
Since its inception in 1994, Zephyr has sponsored and/or managed 26 investment funds in both public and private securities markets representing approximately $1.2 billion in combined commitments and assets under management
Emerging Markets Focus
The firm has initiated several private equity funds investing in several African countries, South Korea, Mexico, India, and Sri Lanka since its founding. Zephyr's funds serve medium size enterprises that are often ignored by larger private equity players. Zephyr funds provide growth capital to established companies with proven business models and sustainable competitive advantages.
Investment activities are currently focused on India, Sri Lanka and Africa.
Zephyr Peacock India
Zephyr Peacock India provides equity financing for fast growing, small to medium sized companies led by strong entrepreneurs and management teams.Read More
Emerald Sri Lanka Fund
Emerald Fund provides equity financing for fast growing, small to medium sized (SME) Sri Lankan companies led by strong entrepreneurs & management teams.Read More
Zephyr Acorn provides equity
Zephyr Acorn provides equity financing and business support to innovative early-stage companies in East Africa.Read More
Active Portfolio Support
The firm's special expertise lies in bringing global best practices to medium-sized growing companies by assisting them in conceptualizing sustainable business strategy, management development, compensation, ESG, expansion outside of their home country, capital structure and positioning for stock exchange listing or trade sale.