Skip to Navigation | Skip to Content



Breaking News - Morocco

Bookmark and Share Send to friend Discuss on CityscapeConnect.com RSS Feed   All RSS feeds

Blackstone group announces launch of Asia-based business

13 May 2008

Blackstone group announces launch of Asia-based business
The Blackstone Group has announced details of its new Blackstone Altius Advisors venture to be launched in Asia.

According to the asset manager, the new project will focus on investment opportunities in the Asia-Pacific region with offices due to be opened in Mumbai and Tokyo.

Aaron Nieman, who has worked in the region in previous positions with Lehman Brothers and SAC Capital Management, will be responsible for the launch of the new project.

Stephen Schwarzman, chairman, chief executive officer and co-founder of the Blackstone Group, said: "Aaron has a superb history of developing teams and investing in Asia."

"He will add greater depth and intellectual capital to Blackstone's wide range of alternative investment businesses, and we are delighted that he has chosen to join us," he added.

Christopher Pesce, who was formerly global head of prime brokerage at Bank of Amercia, is also due to join the project as chief operating officer.

Blackstone's other businesses in Asia include its corporate private equity fund, Blackstone Capital Partners, and its real estate opportunity fund, Blackstone Real Estate Partners.
ADNFCR-1127-ID-18590534-ADNFCR

Login


forgotten password

Find A Company

Weekly Email News Round-up

Related news by topic

Indian real estate, one of the better performing markets across the world
02 Sep 2010 Indian real estate, one of the better performing markets across the world. Modest rise in tenant dem...

Read more »

Rental Homes Are Still In Demand
02 Sep 2010 Dubai is passing through the phase of economic down break which has lowered the rates of property. S...

Read more »

Commercial Property Investment Is Beneficial
01 Sep 2010 Along with residential property, investment in commercial property can also be profit generating Dub...

Read more »