B Capital, a global multi-stage investment firm, appointed Timur Akazhanov as General Partner. Akazhanov will focus on strategic growth equity investments in technology and tech-enabled services companies, leveraging B Capital’s capabilities in scaling and globalising the next generation of cutting-edge businesses. He will focus on opportunities where B Capital can achieve significant influence or control via the acquisition of large stakes in target companies. 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.”
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. Before H.I.G., 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," 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.”