The Carlyle Group Names Neeraj Bharadwaj Managing Director on India Investment Team

Mumbai, India– Global alternative asset manager The Carlyle Group today announced that Neeraj Bharadwaj has joined the Carlyle Asia Partners (CAP) team as a Managing Director based in Mumbai.

Prior to joining Carlyle, Mr. Bharadwaj was a Managing Director with Accel Partners’ growth investing operation in India. Preceding that he was with Apax Partners for nearly 10 years – as a Partner in the U.S. and subsequently as Managing Director/Country Head for Apax in India, where he led the India operations. He was involved in a number of successful deals while at Apax including Apollo Hospitals (BSE: AHEL) in India. He is a graduate of the Harvard Business School and the Wharton School of the University Pennsylvania. Mr. Bharadwaj was selected as Board Member of the Indian School of Business (ISB) and a Young Global Leader of the World Economic Forum.

X.D. Yang, Managing Director of The Carlyle Group and Co-Head of Carlyle Asia Partners, said: “We are very pleased to have such a seasoned and successful private equity leader to join our India team. We believe the coming years represent a very attractive period to invest in India. Under the leadership of Mr. Neeraj Bharadwaj and Managing Director Mr. Devinjit Singh, and with our on the ground team of local professionals, we expect to continue to build our leadership position in India to tap into its fast economic growth and increasing demand for value add private equity investments.”

Carlyle Asia Partners advises three pan-Asia funds and one RMB fund and has a history of 14 years of investing in Asia. The Carlyle Asia Partners funds make control and significant minority investments in well established companies across the Asia ex-Japan region. Carlyle has invested $800 million in India to date, including CAP’s investment in Housing Development Finance Corporation (HDFC) and The India Infoline Group (IIFL).

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About The Carlyle Group
The Carlyle Group is a global alternative asset manager with $159 billion of assets under management in 94 active funds and 63 fund of funds vehicles as of March 31, 2012. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has developed expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,300 people in 32 offices across six continents. www.carlyle.com.

Media contacts:

Tammy Li                                                       Brian Zhou
Phone: +852 2878 5236                                Phone: +86 10 57067070
tammy.li@carlyle.com                                    brian.zhou@carlyle.com

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