Blackstone betting big on India-its most profitable market

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.

from Banking/Finance-Industry-Economic Times https://ift.tt/2RmiNtW