financetom
Business
financetom
/
Business
/
Blackstone to invest $25 bln in Indian private equity over 5 years, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Blackstone to invest $25 bln in Indian private equity over 5 years, Bloomberg News reports
Mar 28, 2024 7:43 AM

BENGALURU, March 28 (Reuters) - Private equity firm

Blackstone will invest an additional $25 billion in

private equity assets in India over the next five years, its

Asia executive told Bloomberg News in an interview.

Blackstone already manages assets, ranging from warehouses

and data centres to healthcare firms, worth $50 billion in the

South Asian country.

The New York-based firm will hire 20 investment

professionals in the country and double its office space in

Mumbai, Blackstone's head of private equity in Asia, Amit Dixit,

told the publication.

With its booming equities market, India has emerged as an

attractive destination for investors across the world as they

reduce their exposure to China, where hopes of a recovery remain

clouded.

Blackstone's president, Jonathan Gray, had said last year

that India is its top Asian market and one of its

best-performing geographies.

Dixit told Bloomberg that Blackstone is exploring

opportunities across a wide range of sectors, from data centers

to infrastructure projects like airports, roads, and ports and

India's nascent electronic manufacturing sector.

Blackstone did not immediately respond to a Reuters request

for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Forward Industries Launches $4 Billion At-The-Market Offering of Shares
Forward Industries Launches $4 Billion At-The-Market Offering of Shares
Sep 17, 2025
06:44 AM EDT, 09/17/2025 (MT Newswires) -- Forward Industries ( FORD ) said Wednesday it has filed an automatic shelf registration for an at-the-market equity offering that would allow it to sell up to $4 billion in shares. The company said it plans to use net proceeds for general corporate purposes, including working capital, Solana token strategy and other growth...
Charles Schwab to Open 16 Branches, Expand 25 Existing Ones
Charles Schwab to Open 16 Branches, Expand 25 Existing Ones
Sep 17, 2025
06:41 AM EDT, 09/17/2025 (MT Newswires) -- Charles Schwab ( SCHW ) said Wednesday it is opening 16 new branches and expanding or relocating 25 others as part of a strategy to increase capacity and optimize its real estate. The firm plans to add more than 400 branch-related roles, including financial consultants and wealth consultants serving high-net-worth and ultra-high-net-worth clients....
Cygnus Metals Lifts Chibougamau Measured and Indicated Resource 78%
Cygnus Metals Lifts Chibougamau Measured and Indicated Resource 78%
Sep 17, 2025
06:41 AM EDT, 09/17/2025 (MT Newswires) -- Cygnus Metals ( CYGGF ) late Tuesday released an updated mineral resource estimate for its Chibougamau copper-gold project in Quebec showing a 78% increase in measured and indicated resource. The updated MRE showed an M&I mineral resource estimate of 6.4 million tonnes at 3% copper equivalent and inferred mineral resource of 8.5 million...
Axos Financial Prices $200 Million Subordinated Notes Offering
Axos Financial Prices $200 Million Subordinated Notes Offering
Sep 17, 2025
06:42 AM EDT, 09/17/2025 (MT Newswires) -- Axos Financial ( AX ) said Wednesday that it has priced a $200 million public offering of 7% fixed-to-floating rate subordinated notes due 2035. The company said that the notes will pay interest semiannually until Oct. 1, 2030, after which interest will float at the three-month term SOFR plus 379 basis points, paid...
Copyright 2023-2026 - www.financetom.com All Rights Reserved