The interest rate easing in the US is also helping the business globally, he said.
In India, where the firm holds about US$50 billion ($64.75 billion) worth of private equity investments and real estate, Blackstone has “scale” and is among the top investors, according to Dixit.
Blackstone’s ability to execute proprietary and complex transactions in the country means it can get more reasonable pricing, despite rising valuations across sectors.
Talks to sell a minority stake in VFS Global are making good progress in Singapore, Dixit said.
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Investment firm Temasek Holdings is nearing a deal to buy a significant minority stake in the visa outsourcing and technology services firm that could value it at about US$7 billion, including debt, Bloomberg News has reported.
