Carlyle appoints Amit Jain ('03) as co-head for Private Equity in India
VCCiRCLE (November 8, 2021)
Carlyle has appointed Amit Jain as managing director and co-head of the its India investment advisory team. He will lead Carlyle's investment advisory team in India and oversee the team’s investment strategy across a broad range of sectors, the firm said on Monday.
Jain will work along with Neeraj Bharadwaj who will continue his role as the co-head for Carlyle India investment advisory team. Bharadwaj -- along with Carlyle’s head of healthcare in China Ling Yang -- has been appointed as co-head of healthcare for Carlyle in Asia.
Jain’s appointment comes at a time when Carlyle is doubling down in the region, viewing India as one of the most attractive investment destinations globally. The PE firm has invested more than $5.5 billion in India across 44 investments to date, the firm said.
“His (Amit Jain) appointment underscores our commitment to further build-out our local team at a time of sustained economic growth and the emergence of exciting new technologies and derivative business opportunities,” Greg Zeluck, Managing Director and the Co-Head of Carlyle Asia, said.
Jain, who holds an MBA from the Indian School of Business and a B.Tech. in Mechanical Engineering from the Indian Institute of Technology (IIT), Kharagpur, will will be based in Mumbai. He joins Carlyle after 10 years at the BlackstoneGroup in India, where he was most recently the Senior Managing Director in the firm's PrivateEquity Group. (Read More)
We ran the following article from The Economic Times on Amit when he was promoted at the Blackstone Group: Blackstone promotes Amit Jain ('03) as senior managing director in India