Private Equity Fund Investments
Avendus tops League Table for Transaction Advisors to PE deals in H1'21
Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions during the first 6 months of 2021, advising 18 deals worth $2.2 Billion. Credit Suisse stood second, advising 2 deals worth $1 Billion. Allegro Advisors (6 deals worth $760 million), Kotak Mahindra Capital ($750 million across 6 deals) and Steer Advisors ($633 million across 2 deals) completed the top five. The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Avendus advised over half a dozen $100 million+ investments in H1'21 led by Dream11's $400 million fund raise (led by TCV, D1 Capital Partners and Falcon Edge), followed by $200 million+ investments in two other Indian Unicorns: Lenskart and Zeta. Credit Suisse advised global private equity firm Apax Partners' $900 million buyout of IT Services provider Infogain. Steer Advisors advised KKR's $625 million buyout of branded personal care products company Vini Cosmetics. Avendus topped the tables in terms of deal volume as well during H1'21. It was followed by Investec Bank with 7 deals. Allegro Advisors, Ambit Corporate Finance, CENSIE Capital Partners, Dexter Capital, Kotak Mahindra Capital, o3 Capital and Veda Corporate Advisors were tied for the third spot, advising 6 deals each.
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