General Atlantic has promoted Nick Nash from vice president to principal about a year after he moved to Singapore to launch the firm’s fourth Asian office, according to a company statement.
Nash has been at the firm since 2002 and has specialised in investments in the business services sector. Prior to joining he was at McKinsey & Company.
Two other General Atlantic professionals, Eduardo Samara and Graves Tompkins, were also promoted to principal, based in Sao Paulo and the US respectively.
William Ford, chief executive of General Atlantic, said in a statement: “Nick has taken a leadership role as part of founding our Singapore team; Eduardo has made strong contributions in our Latin American effort; and Graves has taken on significant responsibility for our global capital raising efforts.”
The firm opened its Singapore office in January 2012. Led by managing director Abhay Havaldar, who established the firm’s India office in 2002, the office served “to expand GA’s investment activities in Southeast Asia”.
In Asia this year, General Atlantic has invested in a minority stake in Fourcee Infrastructure Equipments making the January investment its ninth deal in India, PE Asia reported earlier. In August, General Atlantic and Oak Hill Capital sold their stake in US-listed India business process outsourcing portfolio company Genpact in a deal worth $1 billion.