BusinessBlackstone In No Hurry To Exit Aadhar Housing Finance, Says CEO
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Blackstone In No Hurry To Exit Aadhar Housing Finance, Says CEO
Moving ahead, the company expects AUM to grow at the rate of 21–22% on annualised basis, said Aadhar Housing Finance Chief Executive Officer and Managing Director Rishi Anand.
Blackstone Inc owns around 76% equity in Aadhar Housing Finance. (Photo source: Envato)
Blackstone Inc., one of the top private equity investment firms, is in no hurry to exit Aadhar Housing Finance, according to the Indian housing financer's Chief Executive Officer and Managing Director Rishi Anand. The New York-based private equity investment firm owns around 76% equity in the company after its listing. However, eventually the private fund that Aadhar Housing Finance received from Blackstone will die soon. The life sp...