Infrastructure team expansion considered by Blackstone due to increased investment focus on sector
Blackstone Expands Presence in India's Infrastructure Sector
Blackstone, the world's largest alternative asset manager, is set to bolster its presence in India's infrastructure sector. The firm is planning to hire an investment professional with deep experience in the infrastructure sector for its India team.
The hiring is a significant move for Blackstone in the Indian infrastructure market. The key areas of focus for Blackstone's expansion include logistics real estate through Horizon Industrial Parks and broadening investments into energy and infrastructure assets.
Blackstone’s Horizon Industrial Parks platform has rapidly expanded to 55 million sq ft, driven by strategic acquisitions in India's booming logistics sector. The platform plans a $1 billion+ IPO in 2025 and has government partnerships in Maharashtra injecting $650 million FDI, projecting 27,000 new jobs. This initiative aligns closely with India’s 2024 Logistics Policy aimed at infrastructure modernization.
In terms of energy and infrastructure investments, Blackstone is actively building a dedicated team by hiring senior investment and operational professionals specialized in infrastructure and energy sectors within India. This marks an expansion beyond their existing private equity and real estate holdings in India to tapping global infrastructure and energy transition funds to increase investments in power, transportation, and renewable energy assets.
According to senior Blackstone officials, the firm plans to bring all its global capital pools to India for infrastructure, signifying a sustained, multi-sector investment approach including roads, ports, power projects, and logistics infrastructure.
The news of Blackstone's hiring comes as several PE/VC firms, including Kedaara and Cornerstone, are beefing up their operating teams in India. The exact nature of the news about Evergreen Power, Vertis InvIT, NARCL, and Krafton was not specified. Meanwhile, KKR's second-quarter profit has risen due to growth in fee income.
Elsewhere, Gulf Capital CEO Karim El Solh expects record exits and investor returns next year. The information about these developments was obtained by our website. Blackstone, headquartered in New York, did not disclose further details about its plans.
[1] India's 2024 Logistics Policy aims at infrastructure modernization [2] Blackstone to invest in power, transportation, and renewable energy assets in India [3] Blackstone plans to bring all its global capital pools to India for infrastructure [4] Blackstone's Horizon Industrial Parks platform plans a $1 billion+ IPO in 2025 [5] Blackstone's Horizon Industrial Parks platform has government partnerships in Maharashtra injecting $650 million FDI
- The expansion of Blackstone's presence in India's infrastructure sector includes a focus on investing in power, transportation, and renewable energy assets, as stated in the text.
- As part of its multipart investment strategy in India, Blackstone plans to bring all its global capital pools to India for infrastructure, an action intended to support the modernization goals outlined in India's 2024 Logistics Policy.
