Tuesday, October 5, 2010

Is it risky to invest in Private equity firm through bank ?

Piramal Realty talks to banks, PEs on land dues

Raghevendra Kamath / Mumbai Aug 16, 2009, 00:28

Piramal Sunteck Realty, a joint venture between the Ajay Piramal group and Sunteck Realty, is in talks with banks, financial institutions and private equity firms to pay Rs 496 crore of dues to Mumbai Metropolitan Region Development Authority (MMRDA) by September-end..


happy that PE/VC investors appear on yahoo-answers.

i think the system you question about does not exist in india. banks and FIs and PEs are involved on their own account. frankly, if PEs are collecting money from investors for such ventures they are misguiding( this is not uncommon).

as it is understood, PEs are supposed to research very small ventures and develope them through bank loan and sell them. PE and VC are inseparable.

the term PE is misused by them....... what's the reason that such a big venture (500cr.) does not go public.? it is unprofessional and therefore not risky....FISHY.

Se when what happen any one could not tell properly.

But it is sure that there are no risk.

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