Global alternative asset manager Investcorp has closed an estimated $45 million (about Rs 323 crore) funding round in dialysis services provider NephroPlus, in the process, providing an exit to one of the Hyderabad-headquartered company’s existing investors. The latest transaction will see SeaLink Capital Partners, the investment firm founded by former KKR senior executive Heramb Hajarnavis, score an exit from its three-year-old investment.

— The Economic Times

Samisti Legal advised Nephroplus led by a team of partner Prashant Jain, principal associate Anita Dugar.

Shardul Amarchand Mangaldas also advised Nephroplus with Samisti.

^Update 31 December 2019^: AZB & Partners advised exiting investor Sealink Capital Partners led by a team including partner Vaidhyanadhan Iyer, senior associate Anshuman Bharadwaj, and associate Aditya Shioran.

2019-11-25

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.