Blackstone Announces Leadership Changes in India and Asia

Blackstone, a major investment firm, is changing its real estate leadership in India and Asia.

Tuhin Parikh, formerly Head of Real Estate in India, is now Vice-Chairman of Real Estate Asia and Executive Chairman of Real Estate India.

Asheesh Mohta will take over Parikh's previous role as the head of real estate in India.

Mohta will report to Parikh.

Blackstone manages over $50 billion in assets in India, with $20 billion specifically in real estate.

This is part of a larger effort to develop the company's real estate business in the region.