Gene Lockhart, MasterCard’s Former Global CEO and President, Named Special Advisor to General Atlantic
General Atlantic ("GA"), a leading global growth equity firm, announced today that it has appointed Gene Lockhart as a Special Advisor. An executive and investor with significant experience across a wide range of businesses within the financial services industry, Mr. Lockhart will be working closely with GA’s Financial Services sector to identify new investment opportunities and provide strategic support for its portfolio companies.
General Atlantic Expands its Resources Group to India, Adding Experienced Public Company CFO Alok C. Misra
General Atlantic LLC (GA), a leading global growth equity firm, today announced that Alok C. Misra has joined the firm as a senior vice president. In this role, Mr. Misra will provide financial expertise and strategic counsel to GA's investment teams and its portfolio companies as part of the firm's Resources Group in GA's Mumbai, India office.
Hyperion Insurance Group, the international insurance intermediary group, is pleased to announce that global growth equity firm, General Atlantic, has completed the acquisition of just under 30% of the shares in Hyperion from 3i and BP Marsh. The transaction values the company at an equity value of £250 million.
CLEAResult, a leading provider of energy efficiency solutions and energy management services, announced today that it has agreed to partner with General Atlantic, a global growth equity investment firm.
Santander Reaches Agreement with Warburg Pincus and General Atlantic to Grow Its Global Asset Management Business
Banco Santander has entered into a definitive agreement with affiliates of leading global private equity firms Warburg Pincus and General Atlantic to boost the global growth of its asset management unit, Santander Asset Management (SAM). Under the agreement, which is conditioned upon regulatory and corporate approvals, Warburg Pincus and General Atlantic will jointly hold a 50% stake in a holding company that will integrate SAM's eleven asset management companies in the countries in which it operates. The remaining 50% will be owned by Grupo Santander.
General Atlantic LLC ("GA"), a leading global growth equity firm, today announced that it has strengthened and expanded its investment team in India with several new hires, underscoring the firm's long-term commitment to pursuing growth equity investment opportunities in India and South East Asia. Under the leadership of Sandeep Naik, who joined the firm as a managing director and head of the firm's Mumbai, India office in late 2012, GA's India team now includes eight full-time investment professionals and two Advisory Directors.
Hyperion Insurance Group, the international insurance intermediary group, is pleased to announce that global growth equity firm, General Atlantic, has signed an initial agreement to acquire just over 30% of the shares in Hyperion. The transaction values the Company at an equity value of £250 million.
General Atlantic is pleased to announce a R$356 million ($171 million) investment in XP Investimentos ("XP"), one of the leading independent broker-dealers and financial supermarkets in Brazil, for a minority stake in the company. The investment is dependent on regulatory approval by the Brazilian Central Bank ("Banco Central do Brasil").
General Atlantic Appoints Enrique L. Castillo, Javier Molinar and Luis F. Cervantes as Special Advisors in Mexico
General Atlantic LLC ("GA"), a leading global growth equity firm, today announced that it has appointed Enrique L. Castillo, Javier Molinar and Luis F. Cervantes as Special Advisors. Mr. Castillo, Mr. Molinar and Mr. Cervantes will work with GA's Latin America team to help identify business opportunities in Mexico.