Key Takeaways
- • Blackstone (NYSE:BX) announced on October 27, 2026 the opening of its second India office, a Global Capability Center (GCC) in Bengaluru, underscoring its long-term commitment to India as a priority market.
- • Susan Yung, a Senior Managing Director in the Blackstone Credit & Insurance (BXCI) Investment Operations team with more than 25 years of finance experience, will oversee the GCC; she previously lived in Bengaluru while at Goldman Sachs.
- • The GCC will consolidate Blackstone employees and professional services partnerships across corporate functions, while investment professionals remain based in Mumbai, the firm's India headquarters.
- • The office is located at Prestige Lakeshore Drive, a development jointly owned by Blackstone Real Estate and Prestige Group.
- • Blackstone describes itself as India's largest owner of office, retail, and logistics assets, and says it has helped launch five of the country's six listed REITs and taken 14 companies public.
Summary
Blackstone (NYSE:BX) announced the opening of its second office in India, expanding into Bengaluru on October 27, 2026. The firm framed the move as reinforcing its 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. Yung has more than 25 years of experience in the finance industry and previously lived in Bengaluru while working at Goldman Sachs. Michael Chae, Vice Chairman and Chief Financial Officer of Blackstone, said the firm was "proud to deepen our presence in India with a new office in Bengaluru," adding that the investment will strengthen the firm's ability to support its global operations and reaffirms its long-term commitment to India.
The office will be located at Prestige Lakeshore Drive, a newly developed office park jointly owned by Blackstone Real Estate and Prestige Group, which is home to several leading global finance and technology firms. Blackstone's investment professionals will remain based in Mumbai, the firm's India headquarters.
According to the announcement, Blackstone was among the first global investors to establish a presence in India roughly 20 years ago and has since become one of the country's largest investors. The firm operates leading Real Estate and Private Equity franchises, alongside growing Credit & Insurance and Infrastructure businesses. Blackstone says it is India's largest owner of office, retail, and logistics properties, has helped launch five of the country's six listed REITs, including the first, and has taken 14 companies public across its businesses.
Blackstone describes itself as the world's largest alternative asset manager, with nearly $1.4 trillion in assets under management.
Susan Yung, a Senior Managing Director in the Blackstone Credit & Insurance (BXCI) Investment Operations team, will oversee operations for the GCC. Yung has more than 25 years of experience in the finance industry and previously lived in Bengaluru while working at Goldman Sachs. Michael Chae, Vice Chairman and Chief Financial Officer of Blackstone, said the firm was "proud to deepen our presence in India with a new office in Bengaluru," adding that the investment will strengthen the firm's ability to support its global operations and reaffirms its long-term commitment to India.
The office will be located at Prestige Lakeshore Drive, a newly developed office park jointly owned by Blackstone Real Estate and Prestige Group, which is home to several leading global finance and technology firms. Blackstone's investment professionals will remain based in Mumbai, the firm's India headquarters.
According to the announcement, Blackstone was among the first global investors to establish a presence in India roughly 20 years ago and has since become one of the country's largest investors. The firm operates leading Real Estate and Private Equity franchises, alongside growing Credit & Insurance and Infrastructure businesses. Blackstone says it is India's largest owner of office, retail, and logistics properties, has helped launch five of the country's six listed REITs, including the first, and has taken 14 companies public across its businesses.
Blackstone describes itself as the world's largest alternative asset manager, with nearly $1.4 trillion in assets under management.
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