Joining peers such as KKR & Co., and The Carlyle Group, New York-based asset manager Blackstone Group LP raised $9.4 billion in two Asia-focused funds. The company hit the final close on its first Asian private equity fund at $2.3 billion, and its second regional real estate fund at $7.1...
Carlyle Buys Stake in India's Logistics Firm Delhivery
DC-based global alternative asset manager, The Carlyle Group acquired a significant minority stake in Delhivery Private Limited, India’s largest third-party supply chain services company focused on digital commerce. LBR reports that equity for this transaction came from Carlyle Asia Partners IV. Tiger Global, one of the existing investors of Delhivery,...
In India, Investments by Logistics Companies Surge
Logistics companies -- both from India and globally -- are actively making investment plans for the coming fiscal year. According to Kuwait-based Agility's Emerging Markets Logistics Index published in February, India, for the second consecutive year, was picked as the country with the most potential to grow as a logistics...