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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.

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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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