Amit Dixit, a Harvard Business School and IIT Mumbai alumnus has been with Blackstone India for 14 years. Previously, he was a Principal at rival private equity firm Warburg Pincus.

Based in San Francisco and Bengaluru, Simplilearn is backed by Kalaari Capital, Helion Venture Partners and Mayfield Fund

More than two million professionals globally have used Simplilearn to date.

The last prominent buyout in the wealth management space was completed in March 2021 when PAG, a leading Asian investment firm acquired 61.5% stake in Edelweiss Wealth Management for ₹2,366 crore.

Blackstone, which acquired The Cosmopolitan in 2014, invested over $500 million in the property and has made back nearly 10 times the amount

At Carlyle, Jain will lead the investment advisory team and oversee the team’s investment strategy across a broad range of sectors. He will work with Neeraj Bharadwaj, who continues his role as Co-Head of the Carlyle India investment advisory team.

Blackstone and Carlyle, according to the persons familiar with the development, have been studying the advantages of a joint bid for the Sandoz business, which could attain a valuation of nearly $25 billion.

Simplilearn have opened several top-level positions including VPs and CXO-level roles as it seeks to accelerate growth in India and the US. When Blackstone invested in July-August, Simplilearn had reported a revenue of Rs 357 crore, which has crossed Rs 800…

If plans fructify, this would be the private equity giant’s third REIT listing in India, following the Embassy REIT and the Mindspace REIT, which made their market debuts earlier