General Atlantic, a leading global growth equity firm, has promoted Aaron Goldman and Shantanu Rastogi to managing director and Erin Chang to principal.
All three have strong histories at General Atlantic, overseeing many of the company’s major investments in Europe, India, and the Asia-Pacific region.
“We are proud to promote Aaron and Shantanu to managing director in recognition of their significant contributions to the firm and the great confidence we have in their abilities,” said William E. Ford, CEO of General Atlantic. “We are also pleased to promote Erin Chang to principal. Erin has been an exceptional investment professional and key member of our China team.”
Goldman joined General Atlantic in 2007. His primary focus has been fintech investments, with a concentration on payment systems such as BillDesk and Adyen. He was also instrumental in General Atlantic’s investments in Tory Burch, Mu Sigma, First Republic Bank, and IHS Markit, among others.
“Aaron has demonstrated strong leadership on our Financial Services team, and we are fortunate to have his creativity and investment acumen as we continue to pursue opportunities in the sector,” Ford said.
Goldman serves as the General Atlantic shareholder representative for Adyen, a technology company that provides businesses with a system to accept payments anywhere in the world. He is also a board observer for Network International, a provider of payment solutions in the Middle East and Africa.
Rastogi joined General Atlantic in 2013 after having worked as an associate there from 2005 to 2007. His investment focuses are financial services, healthcare, and retail and consumer sectors in India and the Asia-Pacific region. He played an active role in General Atlantic’s investments in PNB Housing Finance Management, IIFL Wealth & Asset Management, and House of Anita Dongre, among others.
“Shantanu’s extensive experience and knowledge across multiple sectors has been instrumental in helping to drive our global growth investment strategy in India,” said Ford.
Rastogi serves on the board of the House of Anita Dongre and IIFL Wealth Management Limited.
Chang has been with General Atlantic since 2007. She works primarily with investments in healthcare and retail and consumer sectors. She has been actively involved in the firm’s investments in Ocean Link, Xiabu Xiabu, Tenfu, Sun Art Retail Group, and ZhongSheng Group. She also provided support during the Tory Burch investment process.
“We look forward to [Chang’s] leadership as we continue to develop our healthcare and consumer sectors in China,” Ford stated.
General Atlantic is a global growth equity firm providing capital and strategic support for growth companies. The firm combines a global approach, specific expertise, a long-term investment horizon, and a deep understanding of growth drivers. Its investment professionals are based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, and Singapore.