Blackstone Taps Dixit, Cyriac To Head India PE Biz

Dec 16 2013 | 9:44am ET

Blackstone has tapped Amit Dixit and Mathew Cyriac to lead its private equity business in India as the man formerly in that post, Akhil Gupta, becomes non-executive chair of Blackstone India.

Blackstone said Gupta will “continue to help and guide Blackstone’s activities in India, working closely with the heads of its businesses.” Blackstone has a team of 19 investment and portfolio operations professionals in private equity and nine professionals in real estate in India, where it has invested $1.7 billion of equity in 20 transactions over the last eight years.

Tony James, Blackstone’s president, said, “Blackstone is a force in Indian private equity thanks in large part to Akhil’s leadership. We appreciate his tremendous contribution to the firm as the head of our business in India, and we look forward to his continued involvement as Chairman of Blackstone India. Akhil has built a terrific team and we are confident that Amit and Mathew will continue driving our performance in Indian private equity.”


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of