Blackstone Opens Second India Office in Bengaluru
Blackstone opens its second India office in Bengaluru, a Global Capability Center for corporate functions, led by Susan Yung.
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Blackstone has opened its second office in India in Bengaluru, housing a Global Capability Center (GCC) that brings together Blackstone employees and professional services partnerships across corporate functions.
Susan Yung, Senior Managing Director in the Blackstone Credit & Insurance (BXCI) Investment Operations team, will oversee the GCC. She has over 25 years of experience in finance and previously worked in Bengaluru at Goldman Sachs.
The office is at Prestige Lakeshore Drive, an office park jointly owned by Blackstone Real Estate and Prestige Group. Blackstone’s investment professionals will remain in Mumbai, its India headquarters.
Blackstone entered India 20 years ago and is now the country’s largest owner of office, retail and logistics space. It has helped launch five of India’s six listed REITs, including the first, and has taken 14 companies public. Its India business spans Real Estate, Private Equity, Credit & Insurance and Infrastructure.
Michael Chae, Vice Chairman and Chief Financial Officer, Blackstone, said: “We are proud to deepen our presence in India with a new office in Bengaluru, reflecting our conviction in one of our most important markets globally.”
Blackstone has opened its second office in India in Bengaluru, housing a Global Capability Center (GCC) that brings together Blackstone employees and professional services partnerships across corporate functions.
Susan Yung, Senior Managing Director in the Blackstone Credit & Insurance (BXCI) Investment Operations team, will oversee the GCC. She has over 25 years of experience in finance and previously worked in Bengaluru at Goldman Sachs.
The office is at Prestige Lakeshore Drive, an office park jointly owned by Blackstone Real Estate and Prestige Group. Blackstone’s investment professionals will remain in Mumbai, its India headquarters.
Blackstone entered India 20 years ago and is now the country’s largest owner of office, retail and logistics space. It has helped launch five of India’s six listed REITs, including the first, and has taken 14 companies public. Its India business spans Real Estate, Private Equity, Credit & Insurance and Infrastructure.
Michael Chae, Vice Chairman and Chief Financial Officer, Blackstone, said: “We are proud to deepen our presence in India with a new office in Bengaluru, reflecting our conviction in one of our most important markets globally.”