Global alternative-asset giant Blackstone (NYSE: BX) has officially launched its Asia-Pacific (APAC) infrastructure platform, appointing Ami Momaya as Managing Director and Head of Infrastructure for India.
The high-profile hire marks Blackstone’s first dedicated infrastructure investment appointment in the APAC region. It signals a major strategic push into India’s rapidly growing infrastructure market, complementing the firm’s existing $50 billion private equity and real estate portfolios in the country.
Introducing Ami Momaya
Momaya brings over two decades of experience in infrastructure finance and investment to Blackstone. She joins the firm from another global powerhouse, KKR India, where she was a Managing Director.
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Track Record: Prior to KKR, Momaya served as a senior investment officer at India’s government-backed National Investment and Infrastructure Fund (NIIF).
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Early Career: She spent 17 years at Morgan Stanley Investment Management, playing a pivotal role in establishing and building out their Indian infrastructure division.
Why Blackstone is Targeting India’s Infrastructure
India has emerged as one of Blackstone’s best-performing regions globally for investment returns. Historically focused on real estate and private equity in the country, the firm expanded into private credit in late 2025. Launching a dedicated infrastructure desk is the next step in its regional expansion.
Blackstone’s global infrastructure business—which manages $84 billion in assets—has identified three critical target sectors in India:
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Digital Infrastructure: Driven by high data demand in India, Blackstone is heavily targeting data centers and telecom towers. Notably, the platform has already built momentum in the wider APAC region with its landmark acquisition of data center giant AirTrunk.
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Energy Transition: Capitalizing on India’s net-zero goals and climate-conscious policies, the firm is prioritizing renewable energy and green power transitions.
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Transportation: Investing in the physical logistics backbone that supports India’s accelerating economic growth.
“India is one of the most compelling infrastructure markets in the world, driven by strong economic growth, accelerating digitalization, and continued policy support.”
— Ami Momaya, Head of Infrastructure, India
Competitive Landscape
Blackstone’s formal entry into Indian infrastructure intensifies a highly competitive arena. Over the last few years, major global asset managers—including KKR, Brookfield, Macquarie, Canada’s OTPP, Abu Dhabi’s ADIA, and Singapore’s Temasek—have aggressively deployed capital into India’s roads, renewable energy plants, and digital grids to secure stable, long-term yields.
