ADQ-backed Axight Capital to acquire a 12% stake in Aadhar Housing Finance from Blackstone for $225m.

ADQ-backed Axight Capital, an investment vehicle, agreed to acquire a 12% stake in Aadhar Housing Finance, a company that provides home loans and related financing products to low- and lower-middle-income households to help them own their homes in India, from Blackstone, the world’s largest alternative asset manager, for $225m.