Private equity firm Everstone hires top Goldman official as CEO

Tags: Companies
India-focused private equity fund Everstone Group has hired a top executive from Goldman Sachs in Asia as its new chief executive, it said on Tuesday.

L. Brooks Entwistle was most recently chairman of Goldman Sachs Southeast Asia and CEO of the investment bank's Singapore operations.

He will continue to be based in Singapore and oversee Everstone's day-to-day management as well as lead transactions and originate deals, according to the Everstone statement.

Entwistle also spent time in Mumbai as CEO and founder of Goldman Sachs India, according to Everstone.

Everstone manages $2 billion under its private equity and real estate funds and also focuses on Southeast Asia. Among its recent transactions, it became the India partner for Burger King Worldwide Inc (BKW.N).

EDITORIAL OF THE DAY

  • Govt must resist the temptation of milking PSUs to finance development expenses

    Hoarding cash in huge amounts should perhaps be made a punishable offence in India.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust: SRK’s ALPHABET SOUP

On Saturday, the Enforcement Directorate sent a show cause notice ...

Ananda Majumdar

<b>Ruminations:</b> WALKING ON A THIN EDGE

A social media post doing the rounds says, with some ...

Rajgopal Nidamboor

The archetypal core of qualified silence

We are all cloaked by noisy distress, and not silence, ...