FICL - Bio

P.M Devaiah


Group General Counsel at

Adani Group commencing April 2021.



Prior to joining Everstone Capital, worked with (a) TATA Projects, (2) Hindustan Unilever, (3) TCI, (4) BPL Group, (5) the Carlyle Group, (6) ICICI Venture, (7) Future Capital and (8) Everstone Capital. Was responsible for legal and compliance as a functional head at BPL Cellular and Carlyle Group, ICICI Venture and Everstone Capital (Asia Pacific responsibility). Worked on multi-lateral legal assignments, cross-border M&A transactions, complex shareholder litigations & arbitrations, legal and compliance matters relating to power, telecom, infra, and manufacturing sector and ESG management. Have done close to three hundred investments (comprising of minority investments, Buy-Outs, asset purchases and new initiatives including platform deals, consortium investing with global investors)


  • Named by Legal 500 to be one among the top 100 General Counsel (GC) in India in 2016
  • Everstone Legal team named by Legal 500 to be one of the top 100 legal teams in India in 2016 (No GC Rankings were done by Legal 500 in 2016)
  • Again, named by Legal 500 to be one among the top 100 General Counsel (GC) in India in 2018
  • One among the 8 Nominees for Innovative General Counsel- Asia Pacific by Financial Times (FT) in 2019. Only one GC nominated from INDIA.
  • First and only GC in the private equity industry in India to have become a partner and thereafter a Vice Chairman donning the hat of legal and other leadership related functions.
  • Enlisted on FORBS legal power list 2020 as one of the top General Counsels published on #1st March 2021.