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Bessemer, Ascent Capital take a haircut in latest exit

By Joseph Rai

  • 05 Jun 2017
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Bessemer, Ascent Capital take a haircut in latest exit
Credit: Manni Das/VCCircle

Global multi-stage investment firm Bessemer Venture Partners and private equity firm Ascent Capital have suffered a significant loss from their decade-old investment in an Indian engineering, procurement and construction (EPC) firm.Bessemer Venture Partners has exited Shriram EPC Ltd by selling its stake in tranches over the past year while Ascent ......

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