Ex-Goldman Executive Rajpal Launches Buyout Firm

Ex-Goldman Executive Rajpal Launches Buyout Firm

Sumit Rajpal, former co-head of the merchant bank of Goldman Sachs Group Inc., is launching a new private-equity firm targeting companies that are sitting on valuable troves of data that can be used more effectively to spur growth.

The new firm, to be called GrowthCurve Capital, will focus on companies in the technology, healthcare and financial- and information-services sectors and target deals with an enterprise value between $500 million and $1 billion, firm officials said.

Mr. Rajpal, who left Goldman in February 2020 after a 20-year career at the investment bank, has hired 19 people for the new firm including three seasoned investors who will lead deals in each sector.