Sanjay Gujral has joined the private equity arm of luxury products conglomerate LVMH as its India head. Gujral, who was an executive director of Everstone Capital’s PE team, has joined L Capital Asia as the managing director. Launched a year ago, L Capital Asia invests from a $640 million fund, focused on the region’s emerging markets like China and India. The company plans to invest in areas like lifestyle retail, lifestyle food and beverage, beauty and wellness, boutique hospitality, media and entertainment and private education.
Gujral has over 15 years of experience in private equity, investment banking and financial advisory. He had also worked with organisations like Arthur Andersen, Ernst & Young and Ambit Corporate Finance, where he was the vice-president of the M&A team. Gujral is a Commerce graduate and holds a post-graduate diploma in Management from IIM, Bangalore.