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Goldman's Executive Entwistle Joins Everstone Group As CEO

August 20, 2014

India focused PE Fund, Everstone has roped in former Goldman Sachs executive, L. Brooks Entwistle as its new CEO.

The most recent chairman of Goldman Sachs Southeast Asia and CEO of the investment bank's Singapore operations succeeds Dhanpal Jhaveri, who had joined Everstone in 2008.

An A.B. in History from Dartmouth College and an MBA from Harvard Business School, Entwistle joined Goldman in 1989 as an analyst in New York and moved up the ladder to head Southeast Asia Operations.

He set up Goldman Sachs's wholly-owned India business in 2006 and remained country head until early 2011.

Entwistle would be based in Singapore and look after the PE fund's day-to-day management as well as lead transactions and originate deals.

The India and South East Asia focused private equity and real estate with over $2 Bn assets under management had recently partnered Burger King for India foray and had also purchased a minority stake in the fashion chain owned by Ritu Kumar.

@EverstoneCapital founded by Atul Kapur and Sameer Sain counts Faces Cosmetics, Future Media, Lillyput, Nashik Vintners, Blue Foods, VlCC Healthcare, Hinduja Leyland, Indostar Capital, among its portfolio.

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Source: DealCurry (India)

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