Written by: ENS Economic Bureau
1 min readMumbaiDec 17, 2013 02:59 AM IST
First published on: Dec 17, 2013 at 02:59 AM IST
Investment and advisory firm Blackstone on Monday announced that Amit Dixit and Mathew Cyriac will jointly lead the firms private equity business in India.
They will take over this role from Akhil Gupta,who will assume the position of non-executive chairman of Blackstone India.
In this role,Gupta will continue to help and guide Blackstones activities in India,working closely with the heads of its businesses,the company said.
In India,Blackstone,with an investment portfolio of over Rs 10,000 crore,has a team of 19 investment and portfolio operations professionals in private equity and 9 professionals in real estate. It has invested 1.7 billion of equity in 20 private equity transactions over the last eight years,to become one of the most active investors in India.
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