Blackstone Establishes San Francisco Corporate Private Equity Office

Sachin Bavishi, senior managing director at Blackstone, will relocate to San Francisco to establish a new team to bolster its technology investment efforts.

Bavishi has been a member of Blackstone’s Private Equity team since 2013, focusing on investment opportunities in Technology, Media & Telecom (TMT). He has played a key role in executing many of the firm’s TMT investments, including Ancestry, Bumble, Liftoff/Vungle, Refinitiv, SESAC and Simpli.fi.

Bavishi will lead investments for Blackstone Private Equity out of the West Coast and Senior Managing Director Eli Nagler will lead that business’ technology investments out of the East Coast in partnership Senior Managing Director David Schwartz.

Blackstone currently has more than 70 employees based in San Francisco across its business units, including through its Growth, Tactical Opportunities, Credit, Strategic Partners, Life Sciences and BAAM investing platforms.