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ASK aims $5 bn AUM in alternatives space
Mint Mumbai
|October 04, 2023
Blackstone-backed group to accelerate the launch of new strategies

Mumbai-based wealth and asset management firm ASK Group, backed by private equity giant Blackstone, is looking to accelerate its allocation in the alternatives space with the launch of new strategies, a top executive told VCCircle.
These strategies, including private credit and real estate, are likely to catapult the value of alternative assets in ASK Group's assets under management (AUM) to about $5 billion or about ₹45,000 crore, from $1,454 million or about ₹12,100 crore currently.
The total AUM of ASK Group is currently about $10 billion or about ₹83,000 crore, including all asset classes.
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