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Tag: Partner

Timur Akazhanov Joins B Capital as General Partner

INDIA, November 19, 2024 – B Capital, a global multi-stage investment firm, today announced the appointment of Timur Akazhanov as General Partner. Mr. Akazhanov will focus on strategic growth equity investments in technology and tech-enabled services companies, leveraging B Capital’s capabilities in scaling and globalizing the next generation of cutting-edge businesses. He will focus on opportunities where B Capital can achieve significant influence or control via acquisition of large stakes in target companies. Mr. Akazhanov will be based in New York and partner on this strategy with Sami Ahmad, General Partner and Deputy CIO.

“At B Capital, our mission is to partner with extraordinary founders and accelerate their growth,” said Raj Ganguly, Co-Founder and Co-CEO of B Capital alongside Eduardo Saverin. “Attracting talented investors like Timur, who embody our entrepreneurial spirit, is essential to that mission. Timur not only brings deep technology expertise but also an innovative, new perspective as we pursue high-growth opportunities and drive value creation across our portfolio.”

Mr. Akazhanov has more than 15 years of private investing experience, including in all aspects of deal sourcing, due diligence, deal execution, board governance and capital markets activities, across a broad range of industries. Previously, he was a Managing Director at H.I.G. Capital, where he focused on technology and tech-enabled services. Prior to H.I.G., Mr. Akazhanov was a Managing Director at Blackstone and also held roles at Bain Capital and McKinsey & Company.

“I admire B Capital’s hands-on approach and commitment to being true partners to founders at every stage of their journey,” Mr. Akazhanov said. “Together with Raj, Eduardo and the entire B Capital team, I look forward to helping the firm back innovative businesses during a time when technological change is creating so much opportunity to invest capital and apply our value creation strategies.”

“As the technology industry continues to mature, growth stage companies need partners who can provide both capital and strategic value through their continuous evolution,” Mr. Saverin said. “With Timur joining our team, we are even better positioned to support promising companies as they scale, offering the deep engagement and long-term commitment needed to build lasting businesses.”

Jsa

Quote by Anjana Potti, Partner, J Sagar Associates (JSA) on The Reserve Bank of India’s monetary policy…

“The geopolitical situation caused by Russia’s invasion of Ukraine is weighing on all markets. Market watchers across the world have their eye on the US Federal Reserve which likely to announce a decision to increase rates later tonight. Central banks in many countries are raising rates to counter the effects of inflation. These costs of borrowing had fallen to record lows during the pandemic to bolster growth. Following this trend, the RBI has increased its repo rate from 4.00% to 4.40% and this is likely to have a significant impact on the market including on: 

◦ Short term deposits – short and mid-term rates always rise quickest in response to any change in the interest rate cycle 

◦ Retail borrowing: Interest rates are likely to be higher for new borrowers. Existing borrowers with floating interest rates will also be affected 

Higher costs of living with the increase in prices of commodities due to a lack of supply where everything from food to gas and clothing cost more coupled with higher costs of borrowing will likely slow consumer spending, limiting growth, which has been the recent focus of the RBI’s Monetary Policy.” Anjana Potti, Partner, J Sagar Associates (JSA)