Aditya Bhasin Joins Falfurrias Capital Partners

Prime Highlights

Ex-Bank of America CTO Aditya Bhasin joins Falfurrias Capital Partners as a partner.
He will be investing in financial services, software, and technology.

Key Facts

Bhasin retired from Bank of America after a career spanning over two decades in leadership roles.
Falfurrias raised $1.35 billion for its most recent private equity fund in recent times.

Key Background

Aditya Bhasin, an industry-veteran tech executive, came back to Charlotte-based private equity shop Falfurrias Capital Partners as a partner after retiring from a 20-year distinguished career at Bank of America. His charge will be to use his experience to guide investments in software, digital platforms, and financial services—mission-critical areas where Falfurrias is aggressively building out.

Bhasin worked in significant capacities at Bank of America, including Chief Technology and Information Officer, leading enterprise-wide digital transformation. His efforts helped the bank’s digital customer base to over 59 million customers and bring path-breaking innovations like the virtual assistant “Erica” that served over three billion client interactions. The bank also received over 7,800 patents under his leadership, reflecting a high emphasis on innovation and AI-enabled banking solutions.

The expansion to Falfurrias is timely. The company has recently raised a $1.35 billion fund and is preparing for further investment concentration in technology-enabled companies. With the addition of a tech veteran like Bhasin, the company strengthens itself to find high-growth opportunities in fintech, data platforms, and enterprise software solutions.

Bhasin’s own professional shift from corporate technology to private equity is part of a growing tide of seasoned managers bringing their operating expertise and strategic guidance to investment firms. His experience in digital innovation, customer experience design, and platform scalability is a fit with Falfurrias’s goal of backing founder-entrepreneur and middle-market businesses ready for transformation.

With this addition, Falfurrias Capital continues to build its mission of marrying deep industry knowledge with investment discipline in order to generate long-term value in changing industries within the digital economy.