ChrysCapital Management
ChrysCapital divests stake in Idea Cellular
Monet, a subsidiary of ChrysCapital, has divested a 2.5% stake in India’s Idea Cellular to an undisclosed buyer for a reported $170 million.
PE firms participate in ING Vysya Bank share placement
A group of six funds, led by private equity players ChrysCapital, Morgan Stanley and India Advantage Fund, have bought a more than 5% stake in ING Vysya Bank for about INR300 crore ($70 million). The stake was purchased through the bank’s recent INR513...
VIDEO: ChrysCapital's Gulpreet Kohli
Despite India’s investment landscape has become expensive in recent years, ChrysCapital’s MD Gulpreet Kohli identifies some pockets of opportunity that make the market compelling
ChrysCapital finds a deal in NCC
ChrysCapital, which claims to be India’s largest construction investor, has taken an undisclosed minority stake in Blackstone-backed Nagarjuna Construction Company Limited (NCC).
ChrysCapital partially exits Intas Pharmaceutical
Indian private equity firm ChrysCapital is reportedly planning to sell a portion of its shares in Intas Pharmaceuticals via an upcoming IPO, in which Intas aims to raise INR425 ($96.3 million).
Succession in private equity
Perhaps it is a sign of market maturity, or maybe it is a signal that the effects of the global financial crisis has passed, but the past few months have seen quite a few human resources changes within the Asian private equity industry. While changing...
The changing face of Indian private equity
What's happening in Indian private equity? The past few months have seen tremendous changes in India’s PE industry as local professionals move around in a happy merry-go-round of new and old faces. Some industry watchers say these changes and movements...
Ashish Dhawan to retire from private equity
Leading Indian general partner Ashish Dhawan will leave ChrysCapital - the private equity firm he founded - to pursue work surrounding social issues in India. In a statement to press, ChrysCapital has announced an 18 month management transition into a...
Warburg Pincus QuEST Global deal confirmed for bigger ticket size
Warburg Pincus has invested $75 million in Singapore-headquartered engineering outsourcing services firmm QuEST Global, higher than the $60 million originally forecast, according to a joint announcement.
Indian private equity’s characteristics
Even though the Indian economy is booming as never before, the private equity market is facing several barriers to entry.
AVCJ Forum India panel highlights growth, early days
The India panel at this year’s AVCJ Forum in Hong Kong highlighted both the Indian private equity market’s potential and its nascent status, in a debate conducted by Anil Ahuja, Head of Asia for 3i, Harjit Bhatia, Chairman and CEO of Asia Growth Capital...
Warburg Pincus set to take stake in Quest Global, outbidding rival funds
Warburg Pincus is reportedly set to make a $60 million investment in aeroengineering and manufacturing consultancy Quest Global, coming one month after the PE industry’s biggest names entered the arena to take a stake in Quest.
Monsoon Capital takes majority stake in Indian real estate development
Hedge fund Monsoon Capital is handing up to $10 million to real estate firm Value Designbuild as it finalizes a suburban villa project.
ChrysCap invests $11.4 million into India's Pratibha Industries
ChrysCapital has injected INR50 crore ($11.4 million) in Indian water- and infrastructure-focused company Pratibha Industries Ltd. via its subsidiary Van Dyck.
KKR, Bain, others vie for mid-cap investment in aero-focused Quest Global
Bain Capital, ChrysCapital, Kohlberg Kravis Roberts & Co., and Warburg Pincus are said to be competing to make an up-to $75 million investment in aeroengineering and manufacturing consultancy Quest Global - a unique scenario, as such global funds have...
ChrysCap follows SCPEL in partial exit from Mahindra & Mahindra
Days after Standard Chartered Private Equity was said to be in the process of partially exiting its stake in Indian rural-focused, auto finance firm Mahindra & Mahindra Financial Services, news has surfaced that ChrysCap has also partially exited the...
ChrysCapital partially divests from Bajaj Auto Finance
PE firm ChrysCapital Management has reportedly made a partial exit from its holding Bajaj Auto Finance, selling approximately half of its 9% stake in the company for $24 million to Bajaj Finserv, the financial services arm of the Bajaj Group.
ChrysCapital raises stake in Gammon India to 9%
PE firm ChrysCapital Management has strengthened its ties to Gammon India, raising its stake in the infrastructure firm from less than 7% to 9% following an INR60 crore ($13 million) investment.
Blackstone completes Monnet deal
The Blackstone Group has executed its plans, first publicized in March this year, to invest around $60 million for 12.5% of Monnet Power Co. Ltd., an Indian independent power producer currently developing at 1050MW coal-fired power plant in Orissa state.
ChrysCapital fully divests from Hathway Cable
ChrysCapital has fully exited investee Hathway Cable and Datacom Ltd., selling its remaining 6.36% stake in the cable TV service provider following its partial exit earlier this year at the time of Hathway’s IPO.
ChrysCapital to give back $300m
Leading Indian private equity firm ChrysCapital Management is to return $300 million of the capital from its ChrysCapital Fund V - India's biggest dedicated fund to date at $1.25 billion - to its LPs, citing a poorer market climate and limited opportunities...
Location, location, location
Hong Kong and Singapore residents have long been used to the competition between the two regional centers in terms of quality of life, friendliness to business, and just about every other metric going.
Carlyle, ChrysCapital, SCPEL suitors for Godrej Consumer
The Carlyle Group, ChrysCapital Management, and Standard Chartered Private Equity Ltd. (SCPEL) are among the private equity firms bidding for a $130-140 million investment opportunity into India's Godrej Consumer Products, according to Indian reports.
Ascent recruits Kondur as director
Ascent Capital Advisors India, the former UTI Venture, has recruited Raj P. Kondur, who co-founded ChrysCapital with Ashish Dhawan in 1999, as a director.