{"id":2010,"date":"2016-05-24T10:38:22","date_gmt":"2016-05-24T10:38:22","guid":{"rendered":"https:\/\/sunkrish.com\/?p=2010"},"modified":"2017-01-29T03:23:13","modified_gmt":"2017-01-29T03:23:13","slug":"india-pe-firm-nalanda-capital-to-raise-620m-for-third-fund","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2016\/05\/24\/india-pe-firm-nalanda-capital-to-raise-620m-for-third-fund\/","title":{"rendered":"India: PE firm Nalanda Capital to raise $620m for third fund"},"content":{"rendered":"
<\/a>Private equity firm Nalanda Capital has registered with the US market regulator Securities & Exchange Commission to raise $620 million for its new fund, according to an Economic Times report citing sources.<\/div>\n
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This will take the total corpus raised by the Singapore-resistered PE firm to $1.5 billion, the report said.<\/div>\n
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The new fund raise comes after five years as the company had raised $475 million for its second fund in 2011 and first fund of $400 million in 2007.<\/div>\n
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Nalanda Capital has built a large portfolio of India -based public-listed companies.<\/div>\n
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Some of its investments include in the companies like Just Dial, Lovable Lingerie, ELGI Equipments, TTK Prestige, Triveni Engineering and others.<\/div>\n
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Set up by ex-Warburg Pincus India managing director Pulak Prasad, the PE firm gradually raises its stake in the portfolio firms. Early this year, it had raised its holding in Mumbai-based Just Dial to 7.58 per cent.<\/div>\n
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Nalanda Capital also made some part-exits at the end of 2015 from companies like Lovable Lingerie and Triveni Engineering. The other PE firms which are focused on investing in public-listed companies, include ChrysCapital, Westbridge among others.<\/div>\n
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ChrysCapital has also closed first round of its seventh fund of $600 million in January this year. The PE firm had launched this fund in September last year and managed to raise $350 million by end of December as first round.<\/div>\n
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Last October, Westbridge Capital had also raised $575 million more to invest in Indian companies, as per a media report.<\/p>\n

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Source :\u00a0\u00a0 http:\/\/www.dealstreetasia.com\/stories\/pe-firm-nalanda-capital-raising-620m-for-3rd-fund-41754\/<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Private equity firm Nalanda Capital has registered with the US market regulator Securities & Exchange Commission to raise $620 million for its new fund, according to an Economic Times report citing sources. This will take the total corpus raised by … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,497,493,5],"tags":[791,787,785,786,783,299,784,323,789,788,790,792],"class_list":["post-2010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-cross-border-transactions-mas-joint-ventures","category-economy-business-updates-corporate-affairs","category-india-international-corporate-updates","tag-chryscapital","tag-elgi-equipments","tag-just-dial","tag-lovable-lingerie","tag-nalanda-capital","tag-private-equity","tag-securities-exchange-commission-sec","tag-singapore","tag-triveni-engineering","tag-ttk-prestige","tag-warburg-pincus","tag-westbridge"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=2010"}],"version-history":[{"count":6,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2010\/revisions"}],"predecessor-version":[{"id":3624,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/2010\/revisions\/3624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3481"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=2010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=2010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=2010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}