India's Ascent beats odds, raises $350 million
Ascent Capital Advisors India Pvt. Ltd. has announced the close of its Ascent India Fund III, garnering $350 million in commitments, amid rumors that the fund was in fact oversubscribed.
This is particularly significant for fundraisings over 2009, when many other private equity funds were forced to postpone their fundraising plans, or adjust them downward. Moreover, Ascent’s investors...
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