Schwarzman recently shared a photo of himself wearing a Royal Challengers Bengaluru (RCB) jersey during Blackstone’s internal weekly “BXTV” meeting, following the team’s back-to-back IPL victories. This post gained attention on social media and LinkedIn, where Schwarzman expressed pride in Blackstone’s investment in the franchise. The American investment management company was part of a consortium that acquired RCB in March. RCB secured their second IPL title by defeating Gujarat Titans in the 2026 final, with Virat Kohli leading the team to victory. Additionally, RCB has achieved success in women’s cricket, winning the Women’s Premium League in 2024 and 2026. The consortium that acquired RCB includes Blackstone’s perpetual private equity strategy, BXPE, among others, valuing the team at approximately USD 1.78 billion. This investment aligns with Blackstone’s commitment to India and provides opportunities for growth. Schwarzman’s RCB jersey appearance has generated interest due to both the team’s recent success and Blackstone’s involvement in the acquisition.
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