Blackstone’s new $4b Asia-focused fund gives India top billing

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid - RTSDKHE

India lies at the heart of the world’s largest private equity firm’s investment strategy. Blackstone Group Lp will invest about 60% of its maiden $4 billion Asia-focused fund in Asia’s third largest economy, two people directly involved with the matter said.

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