Global Firm Expansion: Blackstone has introduced its India credit platform and this is a huge expansion of its credit business globally to one of its fastest-growing markets.
Leadership Appointment:
- It has hired Apurva Shah as the Managing Director to spearhead the private credit origination business in India.
Professional Background:
- Shah has had a prior experience of 26+ years with prior employment in Deutsche Bank, Citigroup, DSP Merrill Lynch and Dresdner Kleinwart Benson.
Role & Responsibilities:
- Head office Lead Blackstone Credit & Insurance (BXCI) India operations
- Build relationship with borrowers and discover lending prospects.
- Grow the operations of Blackstone in the alternative credit market in India.
- Report to Mark Glengarry, Head of Asia Pacific Private Credit Strategies.
Blackstone in India:
- Investment assets worth over $50 billion.
- Twenty years of experience of investment in the country.
About BXCI:
- Largest third party credit platform in the world.
- Manages $484 billion in assets
- Provides direct lending, leveraged finance, real estate backed loans, investment grade private credit and asset based finance.
Regional Impact:
- Expands the Blackstone credit network of Asia-Pacific, which already operates in Japan, Australia, Singapore and Hong Kong.
Month: Current Affairs - October 15, 2025
Category: APPOINTMENTS AND RESIGNATIONS