Blackstone Sees Asia as Growth Engine, Has ‘Scale’ in India

Firm is active in India, Japan, Australia, says Asia PE head
Dixit says VFS minority stake talks in Singapore progressing

WATCH: Amit Dixit of Asia at Blackstone Private Equity discusses the firm’s strategy for the region. He also talks about the prospects for visa outsourcing and technology services firm VFS Global, where he said Blackstone is in talks to sell a minority stake.Source: Bloomberg

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By Preeti Singh and Paul Allen

September 19, 2024 at 4:39 AM UTC

Updated on

September 19, 2024 at 8:58 AM UTC

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Blackstone Inc., one of the largest asset managers in the world, sees Asia as a “growth engine,” according to Amit Dixit, the firm’s head of private equity for the region.

“We see a lot of bright spots,” Dixit said in an interview with Bloomberg Television, adding the firm has been active in India, Japan, Australia and Southeast Asia. “We have deep local teams in each market.” The interest-rate easing in the US is also helping the business globally, he said on the sidelines of the Milken Institute Asia Summit 2024 in Singapore.