ChrysCapital to launch $1.2 B ninth fund
Private Equity firm ChrysCapital is set to launch a fresh fund targeting to mobilise USD 1.2 billion. The new fund, the ninth from ChrysCapital in a span of two decades, will be the largest by an India-specific private equity fund manager. ChrysCapital would target large institutional investors and high-net worth family offices mainly from North America and Europe, besides sovereign and pension money managers from Asia and the Middle East. Founded in 1999, ChrysCapital has raised USD 4 billion across eight funds. It is currently investing out of its USD 900-million eighth fund.
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