Since becoming one of the first international private equity firms to enter the sector in 2005, Carlyle has so far invested and committed more than $5.5 billion in 44 investments into the country, a press statement said.
Jain joined Carlyle after ten years at Blackstone, where he most recently served as a Senior Managing Director at its Mumbai-based Private Equity Group. During his tenure, he was involved in investing in consumer, health care, auto, telecommunications and packaging sectors as well as parts of financial services.
At Carlyle, Jain will lead the investment advisory team and oversee the team’s investment strategy across various sectors. He will work with Neeraj Bhardwaj, who will continue his role as co-head of the company. Carlyle India The investment advisory team added the statement.
In addition, Neeraj Bhardwaj and Ling Yang, the current Head of Healthcare in China, have been appointed as co-heads of Healthcare across Asia. Healthcare is one of Carlyle’s key areas globally and continues to be an area of ​​significant focus for Carlyle in Asia, where the firm has invested $2.8 billion over 15 years.
“Carly’s has exciting ambitions for further investments in India as well as globally, and I look forward to contributing to the firm’s continued growth,” said Amit Jain.
At Blackstone, Jain served on several boards including EPL, Aakash Educational Services, Aakash Edutech, Sona BLW Precision Forgings, Comstar Automotive Technologies, Fino Payments Bank and CMS Infosystems.