India-focused private equity firm ChrysCapital Management has reached a final close for ChrysCapital VII with more than US$600 million in capital commitments. Investors in the fund include sovereign wealth fund Government of Singapore Investment Corporation (GIC), private equity fund of funds Asia Alternatives Management, Harvard Management Company, global insurance companies, university endowments and family offices. The fund will invest in minority growth and select control investments in the business services, financial services, health care, consumer and manufacturing sectors.