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Blackstone Group to venture into private debt in India

Blackstone Group to venture into private debt in India

Thursday, April 6, 2017, 1:20 PM

Blackstone Group LP is set to enter the private debt market in India and expects its first debt transaction in the country soon, Amit Dixit, senior managing director and head of Indian private equity (PE) at the buyout firm, said. The firm, which manages about $90 billion in credit globally, will make the investments from a fund managed by its specialized Tactical Opportunities Group.
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