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Blackstone declares new Asia Pacific leadership structure and several promotions.

M2 EQUITYBITES-April 6, 2016-Blackstone declares new Asia Pacific leadership structure and several promotions

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Blackstone (NYSE:BX) disclosed on Wednesday that it has a new Asia Pacific leadership structure which it expects to improve management capabilities in the region.

The company said its newly promoted executives are: Chris Heady, the current head of Real Estate Asia, who has been named Blackstone's chairman of Asia Pacific; Jan Nielsen the present head of private equity investing in south east Asia, Japan and Korea and acts as chief operating officer (COO) for Blackstone Capital Partners in the region, who will work closely with Heady as COO for all of the company's businesses and administrative functions in Asia Pacific; and Carol Kim, the ranking investor relations professional in Asia Pacific, who has been named COO of investor relations across the region.

Also, Daisuke Kitta who is the head of the Real Estate group in Japan at present will become head of Japan for all business and administrative functions in addition to his existing regulatory charge at the office; and Susannah Lindenfield, the head of International Compliance at present will take over as general counsel for Asia Pacific and will continue to oversee Compliance in the region as well, the company said.

An investment firm, Blackstone seeks to create economic impact and long-term value for investors, the companies it invests in and the communities where it works. Its asset management businesses has more than USD330bn in assets under management.

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Publication:M2 EquityBites (EQB)
Geographic Code:9JAPA
Date:Apr 6, 2016
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