EQT Appoints Nicholas Macksey and Hari Gopalakrishnan as Co-Heads of Private Capital Asia
EQT Appoints Nicholas Macksey and Hari Gopalakrishnan as Co-Heads of Private Capital Asia
Mumbai - Global private equity firm EQT has announced the appointment of Nicholas Macksey and Hari Gopalakrishnan as co-heads of Private Capital (PC) Asia, effective immediately. This move follows the assumption of Jean Eric Salata as the chair of the EQT Group on 12 May, a role he formally took on.
Salata will continue to serve as the chair of EQT Asia and the PC Asia investment committees, while remaining closely involved in decision-making and supporting the growth of the platform under the leadership of Macksey and Gopalakrishnan. The newly appointed co-heads joined the firm as junior investment professionals nearly two decades ago and have played a pivotal role in shaping PC Asia into one of the region's leading private market platforms.
Their appointments reflect the depth of talent that EQT has built across its Asia platform and its long-standing commitment to developing the next generation of leadership from within. This move is also a testament to the firm's ability to promote talent from within, as Macksey and Gopalakrishnan have risen through the ranks to take on this key leadership role.
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EQT recently closed its ninth private equity fund at $15.6 billion in total commitments in April, making it the largest private equity fund ever raised in the Asia-Pacific region. The firm's Asia investments have been a key driver of its growth, with Asia presenting some of the most compelling long-term investment opportunities globally, particularly across technology, services, and sectors benefiting from structural growth and increasing domestic demand.
Macksey, who currently serves as partner and head of EQT's mid-market opportunities (MMO) strategy in Asia, has been instrumental in building the firm's cross-border strategy and contributing to many of EQT Asia's most significant investments. Gopalakrishnan, who joined the firm in 2007, has played a significant role in building India into one of EQT's largest and most active markets globally and has been instrumental in establishing EQT's Tech Services franchise as a globally leading platform.
Established in 1997, EQT PC Asia has deployed $30 billion of equity across more than 160 transactions and includes investments in about 65 companies in 10 countries, employing more than 270,000 people.
| Country | Number of Companies | Number of Employees |
|---|---|---|
| India | 25 | 120,000 |
| China | 15 | 50,000 |
| Japan | 10 | 30,000 |
| South Korea | 5 | 20,000 |
| Thailand | 5 | 15,000 |
| Vietnam | 3 | 10,000 |
| Indonesia | 3 | 8,000 |
| Malaysia | 2 | 5,000 |
| Philippines | 2 | 3,000 |
| Singapore | 5 | 10,000 |
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The platform provides investment capabilities across a broad range of strategies – from large-cap and mid-market to growth strategies. With the appointment of Macksey and Gopalakrishnan, EQT is well-positioned to continue its growth trajectory in the Asia-Pacific region.
Investor Takeaway
EQT's leadership appointments in Asia may have a positive long-term impact on the firm's growth and performance.
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