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Mahesh Parasuraman has been elevated by Carlyle Group as its Managing Director to focus on growth capital opportunities in Asia. He has been with Carlyle since 2004, and led most of Carlyle’s investments in portfolio companies such as Repco Home Finance, Tirumala Milk Products, Elitecore Technologies, Newgen and FSS. A press release from the company says Repco, Tirumala and Cyberoam (a division of Elitecore) were all blockbuster exits for Carlyle having returned $190 million in 2014 by way of partial exits from these companies. Prior to joining Carlyle, Parasuraman was with Ernst & Young Corporate Finance as an Associate Vice-President focused on Technology, Media and Telecom sectors.
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