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Blackstone named Ami Momaya as its head of infrastructure for India, joining foreign firms such as KKR and Brookfield Asset Management in betting on the nation’s power-to-ports build-out.

Momaya, who joins as managing director, is the firm’s first dedicated infrastructure hire in Asia-Pacific, Blackstone said in a statement Thursday as it launched its regional platform.

India is a compelling infrastructure market, “driven by strong economic growth, accelerating digitalization, and continued policy support,” Momaya said in the statement. She joins after stints with KKR, India’s National Infrastructure Investment Fund and Morgan Stanley Investment Management.

“Infrastructure remains a strategic priority for the firm, and we continue to see significant opportunities across APAC’s fast-growing markets,” Sean Klimczak, global head of infrastructure at Blackstone, said in the statement. 

Blackstone Infrastructure Partners, which manages assets worth $84 billion, invests across energy, transportation, digital, water and waste infrastructure sectors, the firm said. —Ranjani Raghavan, Bloomberg News

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