Blackstone plans $10 billion Asia private equity fund; Focus on India
ECONOMY & POLICY

Blackstone plans $10 billion Asia private equity fund; Focus on India

Blackstone is set to raise at least $10 billion for its new Asia-focused private equity fund, with a primary emphasis on India. This fund will mark Blackstone's third buyout vehicle in the Asia region, with a significant portion of its capital earmarked for investments in India. Japan and Australia are also identified as important markets for the firm.

However, sources indicate that the specific capital allocations for the fund may remain flexible, potentially shifting in response to changing macroeconomic conditions. Blackstone has opted not to comment on these developments. (Business Standard)

Blackstone is set to raise at least $10 billion for its new Asia-focused private equity fund, with a primary emphasis on India. This fund will mark Blackstone's third buyout vehicle in the Asia region, with a significant portion of its capital earmarked for investments in India. Japan and Australia are also identified as important markets for the firm. However, sources indicate that the specific capital allocations for the fund may remain flexible, potentially shifting in response to changing macroeconomic conditions. Blackstone has opted not to comment on these developments. (Business Standard)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code