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Carlyle Hires Ex-Blackstone Dealmaker Betting on Growth in India

  • Private equity firm to accelerate investments in market
  • Amit Jain joins as managing director and co-head of India
Updated on

Carlyle Group Inc. is accelerating investments in India, hiring a senior dealmaker to co-head the market as growth catches up with China.

“In India, the investment amount and pace is getting pretty close to that of China now for Carlyle,” X.D. Yang, the private equity firm’s Asia chairman, said in an interview. “That has a lot to do with India’s growth, its scale and its opportunities.”