PEs pump in $5.4 bn from 551 deals in 15 years

NEW DELHI: The top 20 private equity investors in the country have invested $5.4 billion in 551 deals over the past 15 years. Leading the pack are Warburg Pincus (80 deals worth $1.1 billion), ICICI Venture Funds (158 deals worth $542 million) and Carlyle (21 deals worth $510.8 million).

In terms of the number of deals, India’s largest PE fund ICICI Venture is on top of the heap, followed by Warburg Pincus, IL&FS Investment Managers and Intel Capital, according to data compiled by research outfit Thomson Financial.

The data, however, does not include the recent investments by buyout fund Blackstone in Intelenet ($109 million), Eenadu Group ($275 million), Nagarjuna Construction ($150 million) and Gokaldas Exports ($165 million).

If these figures are added, Blackstone will figure among the top three PE investors in the country. It will also take the cumulative investments by the top 20 PE majors to over $6 billion.