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.