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Somerset nears $275-mn close for 3rd healthcare fund

Mint Kolkata

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September 10, 2025

Somerset Indus Capital Partners, a healthcare-focused private equity (PE) firm, is set to close its third fund around $275 million by October, with backing from existing and new limited partners (LPs), a top executive said.

- Mansi Verma

Somerset Indus Capital Partners, a healthcare-focused private equity (PE) firm, is set to close its third fund around $275 million by October, with backing from existing and new limited partners (LPs), a top executive said. The firm achieved its initial target, having already secured commitments of $250 million. The final close is expected next month, with Somerset exercising a green-shoe option of up to 10%, supported by some existing LPs of prior funds, said Mayur Sirdesai, partner.

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