Blackstone announced its Corporate Private Equity business is expanding its North America footprint through a new team based in San Francisco – building on the firm’s existing strong presence in its San Francisco office across its other business units.
Mr. Bavishi was previously based in New York and has been a member of Blackstone’s Private Equity team since 2013, focusing on investment opportunities in Technology, Media & Telecom (TMT). He has played a key role in the execution of many of the firm’s leading TMT investments, including in Ancestry, Bumble, Liftoff/Vungle, Ipreo, Refinitiv, SESAC, Simpli.fi, and UKG, among others.
Martin Brand, Head of North America Private Equity and Global Co-Head of Technology Investing, said: “We have a long history of backing some of the world’s most innovative technology companies. Establishing a dedicated West Coast presence for our Private Equity business will help us to further enhance our offering for the management teams and companies we partner with. I am excited that Sachin Bavishi, one of our most talented investors, will lead this effort for us.”
Read more: Business Wire
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