Blackstone Creates Global Water Development Partners
March 31, 2014
Blackstone Energy Partners, the energy-focused PE business of The Blackstone Group, has created Global Water Development Partners, a new platform focused on water investment and development. The company will support the creation of long-term and sustainable water facilities focused on desalination as well as large scale wastewater treatment for industrial customers. The effort will be led by Usha Rao-Monari, who most recently served as director of the International Finance Corporation's Sustainable Business Advisory Group.