They will support West Coast institutional investors and deliver the firm’s multi-boutique investment offering.
A Southwestern retirement system has begun a search for a new cio.
The new appointees include heads of EMEA, market research and investments.
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.