Carlyle Appoints Devinjit Singh as Managing Director to Help Expansion in India

Mumbai, India – Global private equity firm The Carlyle Group today announced that Mr. Devinjit Singh will join as a Managing Director of Carlyle Asia Partners (CAP). Based in Mumbai, Mr. Singh will be part of a CAP team of six investment professionals in India led by Managing Director Mr. Rajeev Gupta. He will join the team on July 1st.

“We are pleased to have someone of DJ’s caliber join our team. His experience and competence across different areas of finance will help drive forward Carlyle’s strong commitment to India,” said Mr. Gupta.

Established in 1997 and with more than US$2.55 billion under management, Carlyle Asia Partners makes control and strategic minority investments in companies across the Asia ex-Japan region advised by a team of 37 investment professionals based out of six offices in Hong Kong, Mumbai, Seoul, Shanghai, Singapore and Sydney.

Before joining Carlyle, Mr. Singh has worked for nearly 20 years at Citigroup, most recently as Managing Director and Head of M&A in India. He has been involved in many significant capital markets and M&A transactions.

X.D. Yang, Managing Director and Co-Head of Carlyle Asia Partners, said, “With his deep knowledge of Indian business and 20 years’ experience of building strong relationships with Indian companies, DJ will be a valuable addition to CAP. This hire reflects Carlyle’s growing commitment to the region as we build upon our decade of successful investing in Asia.”

Mr. Singh said, “I look forward to working with CAP’s India team and to creating value for Carlyle’s expanding portfolio of companies.”

Mr. Singh earned his M.B.A. degree from Duke University in the United States and bachelors in mathematics from the University of Delhi, India.

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