India, April 30 -- Private equity (PE) firm ChrysCapital on Tuesday (April 30) said it has closed its $700 Mn Continuation Fund. The fund was anchored by US-based HarbourVest Partners and European funds LGT Capital Partners and Pantheon Ventures.

The fund will enable the PE firm to maintain its stake in the National Stock Exchange (NSE). As per the investment major, the continuation fund has acquired ChrysCapital Fund VI's stake in the stock exchange.

"The newly closed Continuation Fund has acquired a stake in the NSE. The stake originally belonged to ChrysCapital VI. ChrysCapital Fund VI first invested in NSE in 2016 and will continue as a significant, long-term shareholder in the company through the Continuation Fund," said ChrysCapit...