Tue, Feb 25, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ex-Navab Capital partner to join Blackstone growth equity unit

Thursday, August 22, 2019

Laxman Pai, Opalesque Asia:

Blackstone Group announced that it had hired Ram Jagannath, who was a partner at Navab Capital before the firm's untimely closure. Ram had previously worked as a managing director for the Carlyle Group's flagship buyout fund.

Ram Jagannath, an investor with more than two decades of experience in the healthcare and technology sectors, has joined the firm as a Senior Managing Director in its recently launched Growth Equity investing platform.

Earlier this year, Blackstone launched a dedicated Growth Equity investing platform (Blackstone Growth, BXG), which is focused on providing capital to companies seeking to minimize the execution risks associated with high-growth environments.

Jon Korngold, a former senior leader at General Atlantic, joined Blackstone in January 2019 to lead the business.

Jon Korngold, a Senior Managing Director and Head of Blackstone Growth (BXG), said: "Ram is a seasoned investor with an impressive track record in identifying great companies and helping entrepreneurs scale their businesses. With his addition, we are excited about the opportunity to leverage the global reach and resources of the Blackstone platform to continue building a leader among growth equity investors."

As a partner at Navab Capital Partners, Ram was the head of healthcare and served on the investment and management committees.

During his twelve years at Carlyle, he worked on investments across the healthcare sector, including ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Venture debt: Is it a loan? Is it equity? Is it an pportunity?, PE, VC investments in India hit all-time high in 2019[more]

    Venture debt: Is it a loan? Is it equity? Is it an pportunity? From Forbes: Venture Capital is usually the default option for fast-growth startups looking for a cash injection, thanks to our willingness to take risks in return for equity, and with no need to pay anything back - at least

  2. Other Voices: Evolution of shrinking hedge fund fees - what do investors and managers need to know?[more]

    By Don Steinbrugge, Founder and CEO, Agecroft Partners (DonSteinbrugge@agecroftpartners.com): Hedge funds fees remain under extreme pressure across the industry. This strong trend is driven by declining return expectations from investors, inc

  3. COVID-19: Investors track ships, chase rumours to get edge on COVID-19 risks, Coronavirus risk puts the bull run on pause, China was wise to let markets stumble[more]

    Investors track ships, chase rumours to get edge on COVID-19 risks From Reuters: As investors crunch numbers to determine how the coronavirus will hit China's economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.

  4. Bruce Berkowitz is back!, Coatue's new quant fund lost money in the fourth quarter[more]

    Bruce Berkowitz is back! From Institutional Investor: Famed value investor Bruce Berkowitz has hit hard times over the past decade, with big bets on losers like Eddie Lampert's Sears Holdings. In fact, over the past 10 years, his Fairholme Fund's annualized return is only 4.89 percent -

  5. Are all ESG Indexes as green as you want them to be?[more]

    From Beyond Investing: When Laurence Fink, chief executive of BlackRock, with nearly US$7 trillion under management, vows to put sustainability at the core of the firm's new investment approach, markets and investors sit up and liste