Reliance Retail Ventures gets Rs 2,000 crore from KKR

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Global investment firm KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the … Read more

Qatar Investment Authority bets big on private and public equity: CEO

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Qatar Investment Authority has more than half of its assets invested in private equity and listed shares as chases higher returns, its chief executive said on Wednesday. As a long-term sovereign fund, QIA’s risk appetite is bigger than some of its peers, said Mansoor Al-Mahmoud during an International Institute of Finance event. “Our approach is … Read more