The president and chief operating officer of Blackstone, Jon Gray, says the US private capital giant will look to increase its exposure to Australia ahead of an expected pick-up in economic growth.

“We would love to try to invest in this period of uncertainty, not just for the world, but for Australia … to try to find opportunity in some of the sectors we have really high confidence in, while people are feeling a little bit uncertain down here,” Mr Gray said on Wednesday during a visit to Sydney.