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Blackstone appoints Javed Khan as deputy managing director for new Mumbai office

18/08/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityUS buy-out giant The Blackstone Group has appointed Javed Khan as deputy managing director of the firm's recently established India office in Mumbai. Previously Khan was a director with DLJ Merchant Banking.

Tony James, president of Blackstone, said, 'We are delighted that Javed has agreed to join us. Javed's depth of experience in the private equity sector allied to his general investment banking background will combine to create a very powerful team with Akhil Gupta, the head of our Mumbai office, as we invest the $1bn we have allocated for India.'

Akhil Gupta added: 'Javed's deep knowledge of European markets, his expertise in structuring complex and cross-border transactions, and his experience in the healthcare sector, will all be of immense value in undertaking investments in India, and in
realising synergies across our global and Indian portfolio companies.'

Blackstone has offices in New York, Atlanta, Boston, Los Angeles, London, Hamburg, Mumbai and Paris. Earlier this month the Group appointed Chip Schorr as a senior managing director to its Private Equity Group. In addition to private equity investing, Blackstone's core businesses are private real estate investing, corporate debt investing, marketable alternative asset management, corporate advisory, and restructuring and reorganisation advisory.

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