General Atlantic Appoints MD in India

Global growth equity firm General Atlantic has appointed Sandeep Naik as a managing director and head of the firm’s Mumbai, India office. Naik will lead GA’s investment advisory activity in India.

PRESS RELEASE

General Atlantic LLC (“GA”), a leading global growth equity firm, today announced that Sandeep Naik has joined the firm as a managing director and head of the firm’s Mumbai, India office. Mr. Naik will lead GA’s investment advisory activity in India as part of the firm’s continued strategy to invest in growth companies in this important high growth economy.

“We are pleased to welcome Sandeep to our global team and to lead our India office,” said William Ford, CEO of General Atlantic. Sandeep’s background, expertise and leadership will be a significant addition to our team and underscores our commitment to this very important geography.”

Mr. Naik commented, “I have long admired General Atlantic and its unique approach to building regional expertise and helping companies grow globally. I look forward to continuing to expand GA’s activity across India andlook forward to being an active partner in GA’s global team.”

Mr. Naik was previously a partner and co-head of the India office for Apax leading investments in the healthcare, financial & business services and retail & consumer sectors. Sandeep has both led and participated in a number of investments including Apollo Hospitals, Spectrum Labs, Esprit Pharma and Xanodyne. He served as a director of publicly listed Apollo Hospitals.

Prior to joining Apax, Sandeep was a global marketing manager at Medtronic (a leader in medical devices), a scientist at the Mayo Clinic and a consultant with McKinsey and Company. He is the co-founder of a medical device start-up firm, InfraScan Inc. which is focused on detecting bleeding inside the brain using a handheld device.

Sandeep has a BTech in Instrumentation Engineering from the University of Mumbai, an MS in Biomedical Engineering from Medical College of Virginia and an MBA in Finance from The Wharton School of Business, University of Pennsylvania.

Sandeep was also recently selected as a Young Global Leader by the World Economic Forum.

Founded in 1980, GA manages approximately $17 billion, investing more than $2 billion per year in growth companies globally. Since it first opened an investment advisory office in Mumbai in 2002, General Atlantic has invested more than $1 billion in Indian growth companies, including its most recent partnership with Fourcee, a logistics company and IndusInd Bank, a leading bank and financial services provider. Other current and prior portfolio companies include Genpact, Mu Sigma, National Stock Exchange (NSE), InfoTech, IBS Software Services, Jubilant and Patni.

About General Atlantic
GENERAL ATLANTIC is a leading global growth equity firm providing capital and strategic support for growth companies. GA combines a collaborative global approach, sector specific expertise, long-term investment horizon and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. Established in 1980, GA manages approximately $17 billion in capital and has more than 75 investment professionals based in Greenwich, New York, Palo Alto, London, Düsseldorf, Hong Kong, Beijing, Mumbai and São Paulo. For further information and a listing of GA’s public and private portfolio companies, see www.generalatlantic.com.

Adfactors
Arwa Husain
91 (98) 2032-9833
arwa.husain@adfactorspr.com

General Atlantic Contact
Pat Hedley
203-629-8658
phedley@generalatlantic.com

Media Contact
MHP Communications
Shona Prendergast/Robert Roessler
+44 (0)20 3128 8157
shona.prendergast@mhpc.com/robert.roessler@mhpc.com

Virginia Furness
Consultant

MHP Communications
60 Great Portland Street, London, W1W 7RT
Tel: +44 (0)20 3128 8100

Direct Dial: +44 (0)20 3128 8157
Mobile: +44 (0)7780 481 909

Leave a Reply

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget