ChrysCap to Raise Record $2.1 Billion Buyout Fund

ChrysCapital Management Co. has secured $2.1 billion for its latest private equity (PE) fund, marking the biggest capital raising by an Indian buyout shop, according to people familiar with the matter.

- Bloomberg

The 26-year-old firm's latest fund is about two-thirds bigger than its last capital raise of $1.25 billion in 2022, and beat the record $1.7 billion raised by Kedaara Capital last year. An announcement on the fund's final close is expected in the next few weeks, the people said, asking not to be identified discussing confidential information.