KKR, Blackstone help India become Asia’s private equity HQ

Seven global funds now have their Asia private equity heads or co-heads based in Mumbai, including Blackstone’s Amit Dixit and KKR’s Gaurav Trehan. That’s a sharp shift from just five years ago when none of the investment managers had Asia roles located in India.Collectively, they oversee at least $100 billion in assets, according to Bloomberg News calculation based on public disclosure and people familiar with the matter. The firms either declined to comment or did not respond to a request for comment on ...