PE firm ChrysCapital set to raise $850 million

Chennai: Private equity firm ChrysCapital is likely to raise their eighth and one of the largest funds of at least $850 million, reports stated.

The size of the fund can go up to $950 million as the firm’s partners are also planning to contribute $50-100 million, the report added.

The fresh capital raised by the fund, which will close in the first quarter of next year, will take the total money raised so far to over $4 billion, as per the report.

ChrysCapital invests across sectors like financial services, business services, pharma, life sciences and consumer.

NT Bureau