Rubicon Research Pvt Ltd (“Rubicon”), a global leader in innovative pharmaceutical product development, announced today that General Atlantic has become a significant shareholder in the company. General Atlantic, a leading global growth equity firm, is committing up to $100 million of primary capital and has acquired the stake held by Rubicon’s existing private equity shareholders. All other existing shareholders continue to maintain their shareholding in the company.
Krishna Institute of Medical Sciences (KIMS Hospitals), a leading multi-disciplinary provider of healthcare services in Andhra Pradesh and Telangana, announced today that it has received a strategic growth investment from General Atlantic, a leading global growth equity firm. As part of the transaction, General Atlantic invested over USD 130 million, in a combination of primary capital and secondary purchases, to acquire a significant minority stake in the company.
General Atlantic, a leading global growth equity firm, announced today that John A. Prasetio, former Ambassador Extraordinary and Plenipotentiary of Indonesia to the Republic of Korea, is joining General Atlantic as a special advisor to support the firm’s strategic business initiatives in Southeast Asia.
Karvy Computershare, a leading provider of investor and issuer services for the asset management industry and Indian corporations, announced today that it has entered into definitive agreements for General Atlantic to become a significant shareholder in the company, subject to regulatory approvals and custom closing conditions. As part of the transaction, Computershare Limited (ASX: CPU) and certain other shareholders will exit their investments in Karvy Computershare. C. Parthasarathy, will continue as a meaningful shareholder in Karvy Computershare and will become Chairman of the Board of Directors.
PT Mitra Adiperkasa Tbk (MAP), the leading lifestyle retailer in Indonesia, announced today that General Atlantic, a leading global growth equity firm, has subscribed for Rp1.08 trillion in zero-coupon bonds issued by MAP, which are convertible into shares in its food & beverage subsidiary, PT MAP Boga Adiperkasa (MBA).
Global Travel, Transportation and Logistics technology major IBS Software announced today that it will receive $170 million private equity investment from funds managed by Blackstone (NYSE:BX) in exchange for a minority shareholding. Blackstone is buying out General Atlantic, a leading growth equity firm that has been invested in IBS since 2007, and other shareholders. The transaction is expected to close within a month, subject to customary regulatory approvals.
IIFL Holdings Limited (Bloomberg: IIFL IN), announced today that General Atlantic, a leading global growth equity firm, will make a strategic investment to become a minority shareholder in its wealth subsidiary, IIFL Wealth Management Limited (“IIFL Wealth”), one of India’s leading wealth management companies. General Atlantic’s investment will help to support the company’s continued growth and platform expansion as the premier wealth management company in India.
General Atlantic, a leading global growth equity firm, announced today that Fock Wai Hoong, formerly of CVC Capital Partners, has joined General Atlantic as head of the firm’s Southeast Asia investing program. Mr. Fock will be based in the firm’s Singapore office.
General Atlantic (“GA”), a leading global growth equity firm, announced today that it has appointed Abhijit Sen as an advisor. Mr. Sen, a senior executive with significant experience in the financial services industry, will work closely with General Atlantic’s global investment team to provide broad strategic support for the firm’s investments in the financial services sectors in emerging markets.
CitiusTech, a leading provider of healthcare technology services and solutions, today announced two key additions to its board of directors: Gary Reiner and Cory Eaves both from CitiusTech’s new investor, General Atlantic (“GA”). Mr. Reiner, an operating partner with GA, was formerly the chief information officer at General Electric. Cory Eaves, is a managing director and head of GA’s Resources Group. CitiusTech announced that General Atlantic has become a large minority shareholder in March.
CitiusTech, a Leader in Healthcare Technology, Announces Investment Partnership with General Atlantic
CitiusTech, a leading provider of healthcare technology services and solutions, today announced a significant investment from global growth equity firm General Atlantic LLC (“GA”). Financial details were not disclosed.
General Atlantic Expands its Resources Group to India, Adding Experienced Public Company CFO Alok C. Misra
General Atlantic LLC (GA), a leading global growth equity firm, today announced that Alok C. Misra has joined the firm as a senior vice president. In this role, Mr. Misra will provide financial expertise and strategic counsel to GA's investment teams and its portfolio companies as part of the firm's Resources Group in GA's Mumbai, India office.