He will serve as a senior partner for Blackstone Tactical Opportunities.
The new CIO retains existing portfolio management duties.
The search is due to the executive director’s upcoming retirement.
The plan disclosed commitments and hired a security analyst.
He will co-manage the firm’s second recovery fund.
The new hire will help build the firm’s private equity, and private credit discretionary and advisory businesses.
The transaction is expected to close in the second quarter.
He will focus on commercial mortgage-backed securities.
He will assist with business development, new investment opportunities and growth strategies.
Person heads the firm’s Hong Kong office and leads investment analysis and due diligence.