Blackstone's India Bet: A Cautionary Tale of Exit Strategies The world of private equity is often marked by a fine balance between ambition and prudence.
This balance is particularly crucial when it comes to exit strategies, as evidenced by Blackstone Inc. 's (NYSE:BX) recent deal involving its stake in Knowledge Realty Trust, an Indian real estate investment trust.
Blackstone's decision to sell up to 25% of its holding in the trust has yielded impressive results, with the deal potentially raising $1. 3 billion.