October 27, 2026
BENGALURU – October 27, 2026 – Blackstone (NYSE:BX) today announced the opening of its second office in India, expanding into Bengaluru and underscoring the firm’s long-term commitment to one of its priority markets.
The new Global Capability Center (GCC) will bring together Blackstone employees and professional services partnerships across corporate functions, strengthening the firm’s operational capabilities in India and globally. Susan Yung, a Senior Managing Director in the Blackstone Credit & Insurance (BXCI) Investment Operations team, will oversee operations for the GCC. A finance industry veteran with more than 25 years of experience, Yung previously lived in Bengaluru while working at Goldman Sachs.
Michael Chae, Vice Chairman & Chief Financial Officer of 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. By investing in exceptional talent, technology-enabled capabilities, and a world-class workplace, we are strengthening our ability to support the firm’s operations globally. This expansion reaffirms our long-term commitment to India, where we have become one of the most prominent global investors over the past two decades.”
The office will be located at Prestige Lakeshore Drive, a newly developed office park jointly owned by Blackstone Real Estate and Prestige Group that is home to several leading global finance and technology firms. Blackstone’s investment professionals will remain based in Mumbai, the firm’s India headquarters.
Blackstone was among the first global investors to establish a presence in India 20 years ago and has since become one of the country's largest investors. Today, the firm operates leading Real Estate and Private Equity franchises, alongside growing Credit & Insurance and Infrastructure businesses. Blackstone is India's largest owner of office, retail, and logistics, and has helped launch five of the country's six listed REITs, including the first. Across businesses, it has taken 14 companies public, reflecting its role as a long-term partner in building businesses and supporting India's growth.
Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s nearly $1.4 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Media Contacts
Ellen Bogard
[email protected]
Tel: +852 3651 7737
Wendy Lee
[email protected]
+852 9176 6179