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Former SBI chairperson joins ChrysCapital as advisor

By IndianMandarins- 09 Oct 2018
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The largest home grown private equity firm ChrysCapital Advisors LLP has hired former SBI chairperson Arundhati Bhattacharya as an advisor. Bhattacharya will advise on firm's strategy and investments and will be working with ChrysCapital managing partner Kunal Shroff and other partners.

 

Established in 1999, ChrysCapital manages approximately $3 billion worth assets across seven funds - raised from sovereign wealth funds, endowments, pension funds and fund of funds.

 

On Tuesday, it was reported that Ms Bhattacharya, who has completed her cooling-off period last week, might join the board of Piramal Enterprises. Vineet Nayar, former Vice Chairman and CEO of HCL Technologies, also serves ChrysCap board as a senior advisor.

 

ChrysCapital has a wide exposure in financial services space in India with investments in NBFCs such as Magma Fincorp Ltd, Hero FinCorp Ltd, and AU Small Finance Bank, and Varthana and other firms such as South Indian Bank and NSE. ChrysCap's past investments include Axis Bank, Centurion Bank of Punjab, City Union Bank, ING Vysya Bank, Federal Bank, Karur Vysya Bank and Yes Bank.

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