GLOBAL TRADE NEWS

Indians have been successful in global careers and businesses for a variety of reasons. Here are 10 factors that contribute to their success: Strong Educational Foundation: India places a strong emphasis on education, and many Indians pursue rigorous academic paths, including engineering, medicine, and business, which provide them with a solid foundation of knowledge and skills. English Proficiency: English is widely spoken and taught in India, making it easier for Indians to communicate and do business internationally. Entrepreneurial Spirit: Indians are known for their entrepreneurial mindset. Many individuals are willing to take risks and start their own businesses, both in India and abroad. Diverse Skill Sets: Indians often possess diverse skill sets, which can be advantageous in a global context. They excel in various fields, from technology and engineering to finance and healthcare. Adaptability: Indians tend to be adaptable and open to different cultures and work environments. T

Capital Partners is pleased to announce that on March 9, 2020, its investment company CMI Limited Co. purchased Engineered Plastic Systems (“EPS”) ( www.epsplasticlumber.com ), a leading manufacturer of sustainable, high-density polyethylene (“HDPE”) boards used primarily in decking, railing, and recreational facility products. EPS markets its products under the Lumberock, Bear Board, and Perennial Park Products brands and its products are known for their superior performance in marine environments. The Company serves customers across a variety of residential and non-residential end markets in 50 states and select export markets. EPS serves customers directly through its online sales channel and sales team, as well as through its distributor and dealer networks. “The acquisition of EPS confirms our commitment to innovation and expands our portfolio of sustainable solutions,” says Duane Bryant, President and CEO of CMI. “Their mono-extruded HDPE decking boards, deck railing, and fen

Allianz Global Diversified Infrastructure Equity Fund (AGDIEF) for institutional clients holds first close with commitments exceeding EUR 600mn / The fund invests alongside Allianz in a diversified portfolio of infrastructure equity funds and co-investments globally / The target fund size is EUR 900mn. Allianz Global Investors (AllianzGI) today announced the first close of the Allianz Global Diversified Infrastructure Equity Fund (AGDIEF). The fund, which was launched earlier this year and is managed by Allianz Capital Partners (ACP), attracted commitments exceeding EUR 600mn from institutional clients. The AGDIEF will invest in leading infrastructure fund managers and will pursue co-investments alongside such managers globally. The target size of the fund amounts to EUR 900mn. It will invest jointly with Allianz and follows the successful close of the Allianz European Infrastructure Fund (AEIF), which was raised last year. The AGDIEF will pursue primary fund commitments, secondar

Allianz Capital Partners (ACP) on behalf of Allianz insurance companies signed an agreement for the acquisition of a 75% stake in the Niederösterreichische Glasfaserinfrastrukturgesellschaft (“nöGIG”). The investment volume is c. EUR 300 million. ACP was selected as preferred bidder in July by the Niederösterreichische Breitband-Holding, which is an entity controlled by the Federal State of Lower Austria, after a competitive bidding process that had attracted significant interest from institutional investors. The purchase of the stake in the nöGIG supports the rollout of a new fibre-to-the-home (“FTTH”) broadband network to around 100,000 homes between 2020 and 2022 with a focus on municipalities with less than 5,000 inhabitants. The construction phase is scheduled to begin in 2020. Christian Fingerle, Chief Investment Officer at Allianz Capital Partners said: "We are convinced that jointly with the Niederösterreichische Breitband-Holding we can make a significant contribut

The United Steelworkers (USW) today said that KPS Capital Partners' (KPS) acquisition of Briggs & Stratton will save hundreds of jobs at the bankrupt engine maker's Milwaukee manufacturing facility. USW International President Tom Conway said that KPS, a private equity firm, has a proven track record of investing in manufacturing facilities and operating them profitably and sustainably. "Steelworkers, our families and communities cannot afford to allow these good, union jobs to continue to disappear," Conway said. "KPS brings experience and a long-term business plan geared toward keeping our plant viable and employment secure." USW District 2 Director Michael Bolton praised the union workers for standing together and keeping focused on working safely throughout Briggs & Stratton's recent financial struggles. "Our union is committed to working with KPS to ensure that the proud tradition of engine-making is preserved for future genera

Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”), India’s leading digital services platform, today announced an investment of ₹ 6,598.38 crore by General Atlantic, a leading global growth equity firm. This investment values Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. General Atlantic’s investment will translate into a 1.34% equity stake in Jio Platforms on a fully diluted basis. With this investment, Jio Platforms has raised ₹ 67,194.75 crore from leading technology investors including Facebook, Silver Lake, Vista Equity Partners and General Atlantic in less than four weeks. Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technology platform focused on providing high-quality and affordable digital services across India, with more than 388 million subscribers. Jio Platforms has made significant investments across its digital ecosystem, powered b

Hutchison China MediTech Limited (“Chi-Med” or the “Company”) (Nasdaq/AIM: HCM) today announces that it has entered into a definitive agreement for the sale of US$100 million of shares at a price equivalent to US$25.00 per American Depositary Share (“ADS”) via a private placement to General Atlantic, a leading global growth equity firm.  This fundraise could increase to US$200 million, through a warrant granted with a term of 18 months for a further US$100 million in Chi-Med shares exercisable at a price per share equivalent to US$30.00 per ADS, a 32.5% premium to the 30-day VWAP. Chi-Med is delivering on its strategic intention to become a global oncology business.  In 2020, there has been significant progress in building an innovative, global, science-focused biopharmaceutical company including three U.S. Food and Drug Administration (FDA) Fast Track Designations for fruquintinib in metastatic colorectal cancer and surufatinib for two forms of advanced neuroendocrine tumors.  The

New York, February 13, 2020 – Odyssey Investment Partners, LLC (“Odyssey”), a leading middle-market private equity firm, today announced the first and final closing of Odyssey Investment Partners Fund VI, LP (“Fund VI”), a $3.25 billion private equity investment fund   formed to pursue control-oriented investments and management buyouts of established middle-market companies.    Fund VI was oversubscribed and closed at its hard cap with significant upsizing by existing investors and by adding several new institutional investors. Odyssey will continue to be led by Senior Managing Principals Brian Kwait (CEO), William Hopkins (Vice Chairman) and Stephen Berger (Chairman), and Jeffrey McKibben and Craig Staub who have been promoted to Senior Managing Principal, further strengthening the firm’s leadership team.  In addition, Jason Cowett, Jonathan Place and Jeff Moffett have been named Managing Principal, joining Rob Aikman, Doug Hitchner, Dennis Moore and Brian Zaumeyer. The senior

NEW YORK, March 2, 2020 -- Odyssey Investment Partners, LLC ("Odyssey") announced today that an affiliate has acquired NSi Industries (the "Company") from Blue Sea Capital LLC. Financial terms of the transaction were not disclosed.  NSi is a leading supplier of a wide variety of electrical connector, fitting, control and wire management products for construction, maintenance and repair applications. NSi's well-known brands include Polaris™ insulated connectors, Bridgeport Fittings, TORK® time and lighting controls and Platinum Tools® connectors & tools. NSi has a 40-year history of providing innovative, profitable and quality solutions to its distributor partners with an unparalleled customer-centric approach. NSi is headquartered in Huntersville, North Carolina, with additional facilities in Stratford, Connecticut and Newbury Park, California. More information on NSi can be found at  www.nsiindustries.com . The NSi management team, including CEO G. R.

Pamlico Capital (“Pamlico”) announced that it has completed a growth investment in Fastpath Solutions, LLC (“Fastpath” or the “Company”), a leading provider of governance, risk, and compliance (GRC) software solutions. Founder and CEO Andy Snook, along with other management team members, will maintain a significant ownership stake in Fastpath. Further transaction details were not disclosed. This investment comes while Fastpath is achieving record growth, benefitting from increasing demand for cloud-based software that automates compliance activities. The Company’s flagship product, Assure, is a cloud-based platform enabling corporate compliance, finance, and IT departments to monitor and audit user access. The SaaS (Software as a Service) platform offers real-time, cross-platform visibility across major Enterprise Resource Planning (ERP) software applications. Founded in Des Moines, Iowa in 2004, Fastpath has expanded its GRC platform and now serves over 1,000 customers in more than

Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Chicago-based 10th Magnitude, a leading cloud specialist focused exclusively on the Microsoft Azure cloud computing platform. The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities throughout the U.S. 10th Magnitude will be Cognizant’s sixth cloud-related acquisition in 2020, highlighting Cognizant’s continued acceleration and execution of its cloud strategy. 10th Magnitude, one of Microsoft’s longest-standing Azure-centric partners, offers advisory and managed services, including data center transformation, application modernization, and data intelligence with AI-driven analytics and insights. 10th Magnitude’s solutions and experts enable efficient, secure cloud transformations for Fortune 500 and other leading brands across industries ranging from healthcare and financial services to c

EQT Infrastructure enters exclusive negotiations to acquire a majority stake in Colisee, a leading European operator of nursing home facilities and home care services agencies in France, Belgium, Spain and Italy. EQT Infrastructure will support Colisee and the management team, led by Christine Jeandel, with their continued focus on quality and well-being of residents, and growth opportunities in current and new markets Colisee constitutes a thematic investment in social infrastructure, a sector where EQT has extensive experience and a proven track record from owning and developing strong companies EQT today announced that the EQT Infrastructure V fund (“EQT Infrastructure”) has entered exclusive negotiations to acquire a majority stake in Colisee (“Colisee” or the “Company”) owned by IK Investment Partners. Established in 1976, Colisee is a leading operator of nursing home facilities and homecare services for elderly. The Company, which is headquartered in Paris, France, has deve

WestBridge Capital is one among investor that focus on India market. As of December 31, 2019, including uncalled capital. The firm invest to over US$ 3.3 billion in 120+ companies. The WestBridge team has a long-standing track record of leading investments and the team has also served on the boards of many of these companies and have actively participated in setting strategic direction of these businesses. The firm managing over US$3 billion of capital. Manager by a highly experienced investment team, the firm focuses primarily on investments in India. WestBridge seeks to partner with some of India's most promising mid-sized companies run by outstanding entrepreneurs and management teams for the long-term, whether they are public or private. WestBridge Capital leverages both its capital and experience to help companies succeed. A typical investment ranges from US$25 million to US$200 million, often resulting in a substantial minority equity ownership, second only to the founde

The stock market turmoil triggered by the coronavirus was a nerve-shredding experience for investors. Rarely has the mood on the financial markets swung so quickly between exuberance and despair as in the first quarter of this year. Never before have equity markets fallen so rapidly, plummeting by more than 20% from a record high to a bear market. Never before have there been so many days in a row when the stock market has moved up or down by several percentage points daily.  «Never let a good crisis go to waste.» Whether or not these words were actually uttered by British statesman Winston Churchill toward the end of the Second World War is a matter of debate. But whoever it was, they were right. Because a crisis is not necessarily a bad thing. In fact, it is rather a good test of an investment portfolio’s quality.  Experience shows that when putting together and managing an investment portfolio, it is not only the return that matters, but also whether the portfolio can sur

The following firms are names of investors who have a good reputation and have indeed made India a target for investing. Please try and wish your company success in getting funding to fund business growth. Matrix Partners Mumbai Based Matrix Partners was founded in 1977, and is committed to build long-term relationships. With capital over INR 3000 Cr., they invest across sectors in India. Invests  in the sector of Internet, Consumer internet, eCommerce, Travel, Internet, Consumer Internet, eCommerce, Travel, etc. Among its portfolio are NewsHunt, Quikr India, LimeTray, Hearing Plus, Ola (ANI Technologies Pvt. Ltd.), WeAreHolidays. Mayfield Fund One of the oldest Venture Capital Firms focusing on early-stage to growth-stage investments in information technology companies, in particular on enterprise software, Internet consumer & media services, and communications. Investment Structure:  It invests between $500,000 to $10 Mn in the sector of Consumer Services, Infrastruct