Former Blackstone India MD Amit Jain joins Carlyle

Amit Jain, former senior managing director at Blackstone India, has joined US-based PE firm Carlyle as Managing Director based in Mumbai and Co-Head of the Carlyle India investment advisory team.

Since becoming one of the first international private equity firms to enter the region in 2005, Carlyle has invested and committed over $5.5 billion in the country across 44 investments to date, said a press statement.

Jain joins Carlyle after ten years at Blackstone, where most recently he served as a Senior Managing Director in its Private Equity Group, based in Mumbai. During his tenure, he was involved in investments in the consumer, healthcare, auto, telecom, and packaging sectors as well as parts of financial services.


At Carlyle, Jain will lead the investment advisory team and oversee the team’s investment strategy across a broad range of sectors. He will work with Neeraj Bharadwaj, who continues his role as Co-Head of the Carlyle India investment advisory team, added the statement.

In addition, Neeraj Bharadwaj and Ling Yang, the current Head of Healthcare in China, have been appointed Co-Heads of Healthcare across Asia. Healthcare is one of Carlyle’s core sectors globally and remains an area of significant focus for Carlyle in Asia, where the firm has invested $2.8 billion over 15 years.

"Carlyle has exciting ambitions for further investment in India as well as globally, and I look forward to contributing to the firm’s continued development,” said Amit Jain.

At Blackstone, Jain served on a number of boards including EPL, Aakash Educational Services, Aakash Edutech, SONA BLW Precision Forgings, Comstar Automotive Technologies, FINO Payments Bank and CMS Infosystems.