Blackstone, the world’s largest alternative investment manager, is turning its focus to India’s booming infrastructure and energy sectors. With a goal to tap into the country’s rapid development and green energy targets, the global private equity giant is actively looking to build a dedicated team on the ground.
Blackstone is scouting for senior investment professionals and operational experts to lead its infrastructure and energy investment strategy in India.
This marks a strategic shift for the firm, whose infrastructure business already manages $60 billion in assets, largely concentrated in North America and Europe.
Tapping into India’s Energy Ambitions
Blackstone’s move comes at a time when India is pushing aggressively to reach 500 GW of installed renewable energy capacity by 2030. The firm’s growing interest reflects a broader trend among global investors, with KKR, Brookfield, General Atlantic, and Canadian pension funds already actively investing in India’s infrastructure and energy space.
“They have approached several senior investment executives from other PE firms as well as people with experience of operating infra and energy assets in India,” a source told Moneycontrol.
According to the report, Blackstone has already shortlisted an operating partner from a PE-backed renewable energy platform, signaling that the hiring process is already underway.
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A Key Strategic Move
For Blackstone, this is more than just market entry—it’s a long-term play in one of the world’s fastest-growing economies. With over $1 trillion in global assets under management, the firm is well-positioned to deploy capital in sectors that align with India’s development and sustainability goals. The firm’s India push could significantly boost domestic infrastructure growth, attract foreign capital, and generate long-term returns.
