ChrysCapital Reaches US$867 Million Final Close for Eighth Fund

Source(s): Asia Venture Capital Journal, Economic | Author(s): Holden Mann, Reghu Balakrishnan

India-focused private equity fund manager ChrysCapital has reached a final close for its eighth fund with US$867 million in capital commitments. Investors in the fund include Ontario Teachers’ Pension Plan, fund of funds managers Asia Alternatives Management and Adams Street Partners, Singaporean sovereign wealth fund GIC and Harvard Management Company. Launched in August 2018, the fund exceeded its reported target of US$850 million. It plans to make investments of US$25 million to US$200 million in financial services, health care, consumer and information technology companies based in India.