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Blackstone betting big on India-its most profitable market

Blackstone betting big on India-its most profitable market
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Last Updated: May 02, 2021, 04:18 PM IST
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For the American alternate investment management giant with close to USD 620 billion in AUMs globally, India is its most profitable market in terms of returns its seed investment of around USD 25 billion is worth over USD 50 billion at present, according to co-founder, chairman and chief executive Stephen A Schwarzman.
Our India portfolio companies, including real estate companies, support employment of around 2 million and directly employ over 65,000, chairman and chief executive Stephen A Schwarzman said.
Holding over USD 50 billion in assets under management already, the Wall Street major Blackstone is increasing its bet on the country, promising to pump in more dollars than it has already invested in the past decade, going forward. ....

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FOXNEWS FOX Friends September 24, 2019 10:36:00

The morning. brian: we will follow them every day until they are through college. steve: check him for a fever. ainsley: are you going to pay for their college, brian? just announce it right now. brian: you never know. we have so many philanthropist on. maybe mr. schwarzman can do that. steve: i think he has sis money somewhere else. ainsley: here is his book i read part of it came from nothing. now a gazillionaire. steve: went over to talk to world leaders at the united nations. ainsley: good for him. steve: going over to talk to jillian who has the news. jillian: who is not a gazillionaire. a monday jumped on to train tracks to save a 5-year-old girl s life. stop what you are doing and watch this. look at that the girl seen crawling out from under a subway train in new york. according to police the girl s father jumped in front of the train while ....

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