Kainos Capital – an investor in food and consumer businesses – has hired Jay Desai as Managing Director and Head of Business Development. He has 13 years of experience in principal investing and investment banking in the consumer goods sector.
Mr. Desai will report directly to Managing Partner Andrew Rosen. “I had the privilege to first work with Jay ten years ago when he joined our investment team. In the interim years prior to Jay rejoining us, he has built a global network of relationships throughout the consumer industry. He will bolster our business development capabilities for new investment opportunities, and be a valuable partner to our portfolio companies in shaping their business strategies,” said Mr. Rosen.
Mr. Desai most recently was Senior Vice President of Strategy at Crossmark, a sales and marketing services company focused on the consumer industry. At Crossmark, Mr. Desai identified and led the acquisition of several complementary businesses. Prior to Crossmark, Mr. Desai was a Director in the Mergers & Acquisitions department at Deutsche Bank Securities where he concentrated on consumer businesses. Earlier still in his career he was an Investment Associate at Kainos. Mr. Desai received his BS in Management Science & Engineering from Stanford University.
Kainos Capital invests from $50 million to $150 million of equity in manufacturers and marketers of food products, as well as other consumer products in the household and personal care industries, and over-the-counter health and nutritional products sectors. Kainos Capital is based in Dallas (www.kainoscapital.com).
© 2016 PEPD • Private Equity’s Leading News Magazine • 1-11-16