Investment giant Blackstone considers expanding its infrastructure team to bolster investments in the sector.
Blackstone, the world's largest alternative asset manager, headquartered in New York, is strengthening its presence in the infrastructure sector by hiring senior investment and operations professionals with deep experience in the infrastructure and energy sectors.
According to a person close to the development, who shared this information with our website, the hires are expected to be senior-level experts responsible for leading and managing infrastructure and energy investments and operations in India. One potential candidate is an operating partner from a PE-backed renewable energy platform.
This hiring drive is part of Blackstone's plan to expand its India strategy and invest through its global infrastructure and energy transition funds. The exact role and responsibilities of the new hires are not yet specified, but it is clear that they will play a crucial role in Blackstone's growth in India.
The new hires are intended for Blackstone's India team as part of its strategy to strengthen its presence in the infrastructure sector. The move is seen as a strategic one, aimed at increasing Blackstone's footprint in the region.
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In summary, Blackstone's expansion into India's infrastructure sector is a significant move for the world's largest alternative asset manager. The hires are expected to be senior-level experts who will lead and manage infrastructure and energy investments and operations in India, contributing to Blackstone's growth and success in the region.
[1] Source: Blackstone Press Release [2] Source: India Infoline News Article
These hires are intended for Blackstone's India team, with the new team members contributing to the firm's finance-centric growth in the infrastructure sector. The strategic hires signify Blackstone's committed approach towards expanding its investment and operations in India's infrastructure and energy sectors.
