Private equity fund exits in Sept quarter up 12%
The number of exits by private equity funds surged by 12% to 66 and the exit value grew by close to 30% to $3.1 billion in the September quarter, from $2.4 billion (59 exits) a year earlier, consulting firm Bain and Company said. Some of the key exits were through strategic stake sales in Bharti Telecom and Gland Pharma.