 "Blackstone could invest $4 billion in India over next 5 years: Report")
Global private equity major Blackstone Group might invest 60 per cent of its maiden $4-billion Asia-focused funds in India, according to a Livemint report.
The world’s largest private equity firm plans to deploy $4 billion in Asia over the next five years, the Livemint quoted a source as saying.
Blackstone’s global private equity funds will contribute around 40 per cent of the deal value for every transaction the firm does in Asia, while the new Asia fund — BCP Asia — will invest the remaining, a source told the paper.
Business Standard could not independently verify this report.
“Until recently, the focus
