India: PE firm Ascent Capital plans to raise $400m new fund

India: PE firm Ascent Capital plans to raise $400m new fund

Ascent Capital chief executive Raja Kumar. Photo: Aniruddha Chowdhury/Mint

After eight years, private equity firm Ascent Capital, formerly UTI Ventures, has hit the road again to raise a new fund of around $350-400 million, according to a report in The Economic Times, quoting sources.

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