Carlyle hires Citigroup former head of M&A in India

Tue May 6, 2008 11:37pm EDT
 
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TOKYO, May 7 (Reuters) - The Carlyle Group [CYL.UL] said on Wednesday that Devinjit Singh would join the private equity firm in Mumbai from investment bank Citigroup (C.N) where he was formerly head of mergers and acquisitions in India.

Singh will be part of a Carlyle team of six investment professionals in India led by managing director Rajeev Gupta. He will join the team on July 1.

Washington-headquartered Carlyle is one of the world's largest private equity firms, with more than $81.1 billion under management.

"This hire reflects Carlyle's growing commitment to the region as we build upon our decade of successful investing in Asia," said X.D. Yang, a managing director at Carlyle. (Reporting by Alison Tudor)

 

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