Blackstone’s Punita Sinha to join InCred as CIO

MUMBAI: InCred Capital, a unit of non-banking finance firm set up by former Deutsche Bank top officials including Bhupinder Singh and backed by Anshu Jain, has hired former Blackstone Group public equity business head Punita Kumar Sinha to spearhead its asset management business.

Sinha, wife of former aviation minister Jayant Sinha, will be the chief investment officer of In-Cred, which is looking to expand to a full-service financial services company from retail and MSME focused NBFC, multiple sources with knowledge of the matter told ET.