GenNx360 Capital Partners, a US-based private equity firm with a £1.6 billion portfolio in the lower middle market industrial services and business services sectors, has made a significant move by promoting Pratik Rajeevan to Partner. This appointment reflects the firm's growing confidence in Rajeevan's investment expertise, particularly in high-growth areas such as aerospace and defence, where he has facilitated investments worth over £1 billion.
Rajeevan has an impressive track record of investing in 13 platform companies and 30 add-on deals during his tenure at GenNx360. His key role in the firm's successful exit from Precision Aviation Group, a global business with annual revenues exceeding £500 million, underscores his ability to drive value creation and growth in portfolio companies.
The promotion of Rajeevan to Partner is also a testament to GenNx360's long-term strategy to develop a robust investment team. The firm's focus on backing proven business models in expanding industries has enabled it to deliver strong financial returns, with its most recent fund generating an average annualised return of 25% since inception.