Baer Capital Partners invests in Vatika
Baer Capital Partners on Monday, said that it has successfully arranged a $150-million investment in Vatika Ltd, the flagship company of the Vatika grou
By PTI |
MUMBAI: Baer Capital Partners on Monday, said that it has successfully arranged a $150-million investment in Vatika Ltd, the flagship company of the Vatika group.
This is Baer Capital's single largest transaction to date in the country.
The investment was made by Beacon Vatika Holdings Ltd, a Mauritius-domiciled investment company.
The largest investor in BVHL is an investment group led by Beacon India Private Equity Fund, which is sponsored by Baer Capital Partners.
The other major investor in BVHL will be Goldman Sach, the media reported.
BVHL will be represented on the Board of Vatika Ltd by Alok Sama, President and Founder, Baer Capital Partners, and Jean de Pourtales, Managing Director and Head of the Developing Markets Real Estate Principal Investment for Goldman Sachs.
BVHL will be jointly managed by Baer Capital and Goldman Sachs.
Baer Capital Partners was launched in 2006 with a broad mandate to create an investment management, corporate finance an wealth advisory business. It has the first Indian investment vehicle by the name of Beacon India Private Equity Fund.
This is Baer Capital's single largest transaction to date in the country.
The investment was made by Beacon Vatika Holdings Ltd, a Mauritius-domiciled investment company.
The largest investor in BVHL is an investment group led by Beacon India Private Equity Fund, which is sponsored by Baer Capital Partners.
The other major investor in BVHL will be Goldman Sach, the media reported.
BVHL will be represented on the Board of Vatika Ltd by Alok Sama, President and Founder, Baer Capital Partners, and Jean de Pourtales, Managing Director and Head of the Developing Markets Real Estate Principal Investment for Goldman Sachs.
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BVHL will be jointly managed by Baer Capital and Goldman Sachs.
Baer Capital Partners was launched in 2006 with a broad mandate to create an investment management, corporate finance an wealth advisory business. It has the first Indian investment vehicle by the name of Beacon India Private Equity Fund.
The Vatika group is among the premier real estate development companies in north India and directly or indirectly holds all of the significant assets of the group.
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