streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW
Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Virtusa Founder, CEO Kris Canekeratne To Exit After 25-Year Run
‘With the added strength of [private equity firm] BPEA’s ownership, the impressive performance of the business, and the strength of the leadership team we have in place, I’ve decided that it’s the right time for me to explore my next chapter,’ says Canekeratne. By Michael Novinson May 07, 2021, 03:21 PM EDT
Virtusa Co-Founder and CEO Kris Canekeratne will leave this summer after growing the IT services provider to $1.3 billion in sales over the past quarter century.
The Southborough, Mass.-based company, No. 38 on the 2020 CRN Solution Provider 500, said Canekeratne, 55, will exit both the chairman and CEO roles by June 30, less than 10 months after Virtusa was acquired by Baring Private Equity Asia (BPEA) for $2 billion. Virtusa’s board of directors has initiated the search for a new CEO and expects to finalize its selection in the coming weeks, the company said.
Baring Asia, Everstone Capital lead race for Hinduja s healthcare BPO
SECTIONS
Share
Synopsis Baring Private Equity Asia and Everstone Capital have emerged the front runners to acquire a controlling stake in the healthcare outsourcing division of Hinduja Global Solutions (HGS) that has been carved out by the eponymous conglomerate as part of a value
iStock
Representative Image
Baring Private Equity Asia and Everstone Capital have emerged the front runners to acquire a controlling stake in the healthcare outsourcing division of
Hinduja Global Solutions (HGS) that has been carved out by the eponymous conglomerate as part of a value unlocking exercise.
IFC proposes $40m investment in Baring PE Asia’s latest India credit fund Premium
International Finance Corporation (IFC), a member of the World Bank Group, has proposed a $40-million investment in the latest India-focused credit fund of Baring Private Equity Asia (BPEA), according to its latest disclosure.
Continue reading this story with a subscription to DealStreetAsia.
Contact us for corporate subscriptions at subs@dealstreetasia.com.
Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday
REGISTER stories left placeholder You have one free story left this month. You have stories left placeholder free stories left this month.
LarrainVial appoints Mexico country head in fund distribution push citywireamericas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireamericas.com Daily Mail and Mail on Sunday newspapers.