Goldman Sachs/Warburg Pincus $434 million acquisition of minority stakes in PRL Developers (Piramal Realty)

Overview:

• Goldman Sachs, through affiliates Broad Street Investments and MBD Bridge Street 2015, and Warburg Pincus have acquired minority stakes in PRL Developers (Piramal Realty) for a combined $434 million.
• Goldman Sachs invested $150 million, while Warburg Pincus invested $284 million.
• Piramal Realty is a developer of high end commercial and residential real estate in Mumbai.

Katrin Kostadinova - Data analyst