Business Standard

Blackstone to up focus on India

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Raghuvir Badrinath Chennai/ Bangalore

According to a statement from Blackstone, a global, highly-experienced investment team will be headquartered in Hong Kong, with additional professionals based in Tokyo, Mumbai and New York for the foray.

Estimates indicate that close to $1 billion has already been committed by this player to the Indian market.

The statement from Blackstone further added that its Asia business includes its fund of hedge funds and two close-end mutual funds

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First Published: May 19 2008 | 12:00 AM IST

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