GenNx360 Capital Partners, a private equity firm focused on middle market opportunities, is making several executive promotions with effect from January 17, 2011.
The promotions include Mukesh Sawlani, who has been named managing director – Global Operations. Sawlani previously served as chief financial officer and in his new role he will work with Charles Castine, senior partner at GenNx360, and be responsible for further strengthening the firm’s operations practice.
Additionally, Rahul Mahajan has been promoted to managing director – Strategic Initiatives. In his new role,Mahajan will lead strategic initiatives for GenNx360, particularly as they relate to new fund issues and GenNx360’s global footprint.
Rishi Verma has been promoted to managing director – India. In his new role, Verma will lead the India team and have oversight responsibility for GenNx360’s operations across India.
Mahajan and Verma, as well as the India team, will now be aligned under Jim Shepard, co-founder and managing partner at GenNx360, who will spearhead the India operations and other strategic initiatives at the firm.
“Mukesh was GenNx360’s first employee and since then he has been an integral member of our team,” says Art Harper, co-founder and managing partner at GenNx360. “This appointment is reflective of the confidence we have in him and his ability to continue to provide value in developing the organisation.”
“Rahul and Rishi demonstrated outstanding leadership of our analytics teams and their promotions are a natural progression,” adds Shepard. “Rahul’s creativity will be instrumental in driving new and critical initiatives as our firm broadens its global presence. Rishi’s ability to build and manage personnel will continue on a broader stage as GenNx360 expands its Indian organisational structure, which we view as a critical component of the firm’s long-term growth plans.”
Sawlani joined GenNx360 in April 2006. Prior to joining GenNx360, he held a number of operating and finance roles with major global enterprises.
Mahajan and Verma joined GenNx360 in November and August of 2007, respectively, after providing management and oversight for corporate initiatives such as project financing, pricing and strategic marketing, project feasibility studies and other market studies for major global enterprises.
