Published on: Monday, 18 November 2024 ● 3 Min Read
NEW YORK--(BUSINESS WIRE)--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."
About B Capital
B Capital is a multi-stage global investment firm that partners with extraordinary entrepreneurs to shape the future through technology. With more than $7 billion in assets under management across multiple funds, the firm focuses on seed to late-stage venture growth investments, primarily in the Technology, Healthcare and Climate sectors. Founded in 2015, B Capital leverages an integrated team across nine locations in the US and Asia to provide the value-added support entrepreneurs need to scale fast and efficiently, expand into new markets and build exceptional companies. For more information, click here.
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