NEW DELHI: Private equity investments worth $6,198 million were announced last month, taking the total deal value during the January-March quarter to $8,451 million, largely driven by big ticket investments, says a report. According to Grant Thornton's PE Dealtracker, 69 PE investments worth $6,198 million were announced in March, registering a significant jump from $1,382 million in the year-ago period. A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart. Canadian investor Brookfield-led India Infrastructure Trust's (InVIT) acquisition of East-West gas pipeline for ₹13,000 crore was the top PE deal of the January-March quarter. Other major PE investments during the quarter include Singapore government's investment arm GIC Pte's investment in Bharti Airtel and Brookfield Asset Management-Hotel Leelaventure transaction.

Source: Mint April 29, 2019 12:33 UTC