Private equity giant EQT has appointed Hari Gopalakrishnan and Nicholas Macksey as co-heads of EQT Private Capital Asia, effective May 28.
The pair succeed Jean Eric Salata, who formally became chair of EQT Group on May 12. Salata will remain chair of EQT Asia and chair of EQT’s Private Capital Asia investment committees, and continue to be closely involved in investment decision-making of the Asia platform, according to a May 28 statement.
EQT said that Mumbai-based Gopalakrishnan (pictured left) and Singapore-based Macksey (pictured right) first joined Baring Private Equity as junior investment professionals, then they joined EQT post-merger in 2022 for approximately 20 years and have since played key roles in building its private capital business.
Gopalakrishnan is currently head of private capital India and global co-head of services. Since joining EQT in 2007 as one of the founding members of its India team, he has helped develop EQT’s local technology services franchise through investments including Hexaware, Coforge, Sagility and Virtusa.
Macksey is currently partner and head of EQT’s mid-market opportunities (MMO) strategy in Asia. Since joining the firm in 2006, he has helped build EQT’s cross-border strategy and has contributed to investments including Nord Anglia Education, Vistra and Clarivate. He also led the launch and fundraising of EQT’s MMO strategy.
EQT said the appointments reflect its succession planning and commitment to Asia Pacific (Apac) as a key part of its global growth strategy.
Salata said in a satement: “Hari and Nick are exceptional leaders who have each played an important role in shaping our Asia business over many years. Their appointments reflect the depth of talent we have built across our Asia platform and our long-standing commitment to developing the next generation of leadership from within.”
Established in 1997, the firm, which is now known as EQT Private Capital Asia has deployed $30 billion of equity across more than 160 transactions, and recently closed BPEA Private Equity Fund IX (BPEA IX) at $15.6 billion, the largest Apac-dedicated private equity fund raised to date.
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