Blackstone (NYSE: BX) has expanded the footprint of its Corporate Private Equity business through a new team based in San Francisco – building on the firm’s existing strong presence in its San Francisco office across its other business units.
Sachin Bavishi, a senior managing director, will relocate to San Francisco to lead and establish Blackstone Private Equity’s West Coast presence, along with other existing and new team members.
Bavishi was previously based in New York and has been a member of Blackstone’s Private Equity team since 2013, focusing on investment opportunities in Technology, Media & Telecom (TMT). He has played a key role in the execution of many of the firm’s leading TMT investments, including in Ancestry, Bumble, Liftoff/Vungle, Ipreo, Refinitiv, SESAC, Simpli.fi, and UKG, among others.
Bavishi will lead technology investments for Blackstone Private Equity out of the West Coast and senior managing director Eli Nagler will lead that business’ technology investments out of the East Coast in partnership with recently hired Senior Managing Director David Schwartz. Blackstone currently has more than 70 employees based in San Francisco across its business units, including through its Growth, Tactical Opportunities, Credit, Strategic Partners, Life Sciences, and BAAM investing platforms, among others.
