Citi loses India head of M&A to Carlyle

Citi India veteran Devinjit Singh, who currently heads the M&A business at the investment bank, is moving to the buy-side to join Carlyle's buyout practice. Singh, who has been a managing director at Citi since 2007, joins Carlyle at the same level and will report to Rajeev Gupta, who is the head of Carlyle's buyout business in India. Gupta is himself a former investment banker and joined Carlyle in 2005 from DSP Merrill Lynch where he was head of investment banking. Carlyle also …