Key Takeaways
- • Blackstone has appointed Ami Momaya as Managing Director and Head of Infrastructure for India, marking the firm's inaugural leadership hire for its newly launched Asia-Pacific infrastructure platform.
- • Momaya joins from KKR India, where he held a Managing Director position, signaling continued executive mobility among global PE firms expanding infrastructure practices across Asia.
- • The appointment underscores intensifying competition among mega-cap alternative asset managers to establish dedicated infrastructure platforms in India, with peer firms including EQT Group similarly making senior hires to build regional capabilities.
- • Blackstone's infrastructure expansion into India reflects institutional capital's focus on the subcontinent's long-term infrastructure development needs and investment opportunities across energy, transportation, and digital assets.
Summary
Blackstone has launched its Asia-Pacific infrastructure platform with the appointment of Ami Momaya as Managing Director and Head of Infrastructure for India. The hire represents a strategic escalation of the firm's commitment to India's infrastructure investment landscape, a market increasingly attractive to global alternative asset managers seeking exposure to long-duration, yield-generating assets.
Momaya brings institutional infrastructure investment experience from KKR India, where he held Managing Director responsibilities. His recruitment signals Blackstone's intent to build a dedicated, locally-led team to source, evaluate, and execute infrastructure transactions across Indian markets. The appointment follows a broader pattern of tier-one PE firms—including EQT Group, which recently hired Parag Sharma to lead its India platform—expanding senior-level headcount in the region to capitalize on infrastructure monetization opportunities and government-led development initiatives.
The establishment of Blackstone's APAC infrastructure platform positions the firm to compete directly with peers in capturing institutional capital flowing toward Asian infrastructure. India's infrastructure deficit, combined with ongoing Public-Private Partnership (PPP) programs and sector-specific privatization efforts, has created a substantive pipeline for institutional investors. By installing an experienced market leader in Momaya, Blackstone signals operational seriousness and long-term commitment to the market rather than treating India as a peripheral allocation within a broader Asia strategy.
This appointment reflects the maturing infrastructure investment thesis in India, where scale, local relationships, and sector expertise increasingly determine competitive advantage. For institutional investors and family offices seeking India exposure through established managers, Blackstone's infrastructure platform now provides a dedicated investment vehicle with dedicated leadership oversight.
Momaya brings institutional infrastructure investment experience from KKR India, where he held Managing Director responsibilities. His recruitment signals Blackstone's intent to build a dedicated, locally-led team to source, evaluate, and execute infrastructure transactions across Indian markets. The appointment follows a broader pattern of tier-one PE firms—including EQT Group, which recently hired Parag Sharma to lead its India platform—expanding senior-level headcount in the region to capitalize on infrastructure monetization opportunities and government-led development initiatives.
The establishment of Blackstone's APAC infrastructure platform positions the firm to compete directly with peers in capturing institutional capital flowing toward Asian infrastructure. India's infrastructure deficit, combined with ongoing Public-Private Partnership (PPP) programs and sector-specific privatization efforts, has created a substantive pipeline for institutional investors. By installing an experienced market leader in Momaya, Blackstone signals operational seriousness and long-term commitment to the market rather than treating India as a peripheral allocation within a broader Asia strategy.
This appointment reflects the maturing infrastructure investment thesis in India, where scale, local relationships, and sector expertise increasingly determine competitive advantage. For institutional investors and family offices seeking India exposure through established managers, Blackstone's infrastructure platform now provides a dedicated investment vehicle with dedicated leadership oversight.
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