Former Goldman Govt Sumit Rajpal Launches Buyout Agency

Sumit Rajpal,

former co-head of the service provider financial institution of

Goldman Sachs Group Inc.,

GS 1.80%

is launching a brand new private-equity agency concentrating on corporations which might be sitting on beneficial troves of information that can be utilized extra successfully to spur progress.

The brand new agency, to be referred to as GrowthCurve Capital, will deal with corporations within the know-how, healthcare and financial- and information-services sectors and goal offers with an enterprise worth between $500 million and $1 billion, agency officers mentioned.

Mr. Rajpal, who left Goldman in February 2020 after a 20-year profession on the funding financial institution, has employed 19 individuals for the brand new agency together with three seasoned traders who will lead offers in every sector.


What’s your outlook on GrowthCurve Capital and Sumit Rajpal? Be part of the dialog under.

Sanjay Swani, a veteran of private-equity corporations Tailwind Capital and Welsh, Carson, Anderson & Stowe, would be the agency’s chief funding strategist and lead its know-how investments. Matthew Popper, beforehand a managing director in Goldman’s service provider financial institution, will oversee investments in monetary and data companies. And Vignesh Aier, previously at private-equity agency New Mountain Capital, will run healthcare investing.

Mr. Rajpal has additionally recruited 4 working executives with specialties in digital transformation, synthetic intelligence, information analytics and human capital. In contrast to at most buyout outlets the place operational specialists are sometimes introduced in to judge technique and enhance corporations after they’ve been acquired, these executives will sit on GrowthCurve’s funding committee and consider offers when they’re first proposed.

Agency officers mentioned the working companions will assist GrowthCurve establish corporations in possession of beneficial information units that haven’t been tapped due to a lack of understanding, technological know-how or monetary assets.

“Now could be the best time for personal fairness to embrace the potential of information analytics and AI,” Mr. Rajpal mentioned in an interview. Hedge funds and the fintech trade have extra readily adopted these disciplines, he mentioned.

Mr. Rajpal joined Goldman in 2000 and was named a associate in 2010 at age 35. As head of the service provider financial institution’s financial- and information-services investing enterprise, he led a few of its top-returning offers, together with an funding in credit-reporting bureau


that produced greater than $1 billion in revenue.

He grew to become co-head of the service provider financial institution in 2019.

Mr. Rajpal additionally had an early hand in constructing Goldman’s client financial institution, generally known as Marcus, pitching then-Chief Govt

Lloyd Blankfein

on the thought in 2014.

Write to Miriam Gottfried at

Copyright ©2020 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Appeared within the Could 24, 2021, print version as ‘Goldman Veteran Launches Buyout Fund.’


Please enter your comment!
Please enter your name here



GoDaddy Web sites + Advertising and marketing Has What You Have to Construct, Host, and Market Your On-line Enterprise

February 19, 2021 3 min learn Disclosure: Our purpose is to function services that we predict you will discover attention-grabbing and helpful. If you buy them, Entrepreneur...

Spirit Airways Particulars Main Capability Will increase For Relaxation Of 2021

American ultra-low-cost service (ULCC) Spirit Airways has detailed capability plans for the remainder of the yr. Heading into the third quarter, which begins in...

parenting recommendation from Care and Feeding.

Care and Feeding is Slate’s parenting recommendation column. Have a query for Care and...

No Want To Be A Superstar

Sharing is caring!You might have most likely heard about celebrities on Instagram with tens of millions of followers. Did you get the sensation that...

Fb stays Malta’s hottest social media platform; Instagram, Youtube rising in reputation

Fb has remained Malta’s hottest social media platform, a survey on social media use performed by Misco in affiliation with the Ornate Group reveals. Whereas...
Translate »