Industry News
The fund was oversubscribed and represents the firm’s largest fundraise since its 1986 inception.
James Miller will serve alongside Co-President Kort Schnabel, who was appointed to the position in 2022.
The foundation has hired its first director of investments, responsible for asset allocation and manager selection across public and private markets as well as building out its impact investment capabilities.
The college re-elected a portfolio manager at a global asset manager and added five new members to its board of trustees.
The director of impact investing will lead the foundation’s mission-aligned investments, including building a portfolio of diverse-owned managers and engaging with managers around diversity equity and inclusion practices.
Institutional investors may be keen to make portfolio adjustments with the U.S. presidential election just a week away, but the industry finds it best to avoid making decisions based on polling predictions and market volatility.
The alternative asset manager added three members to its institutional business development team.
The close brings Blackstone’s global direct lending platform to over $123 billion in assets under management.
The firm’s Global Fund Program will celebrate its 30th anniversary next year.
The newly appointed cio has been with the firm for 19 years and also serves as cfo, a partner and a member of its investment committee.