Aadhar Housing expects Blackstone fund transition to be completed soon

AADHAR HOUSING FINANCE expects the shift of ownership within Blackstone's funds to be completed soon, subject to regulatory approvals, Managing Director and CEO Rishi Anand said.

- KSHIPRA PETKAR

Blackstone, which acquired Aadhar in 2019, is transferring its stake from one fund now at the end of its life cycle ― to another, in a move that Anand described as "purely internal", and not affecting the company's management or strategy.