Posts with tag Hong Kong
Posted May 13th 2008 1:15PM by Jon Ogg
Filed under: The Blackstone Group
The Blackstone Group LP (NYSE:
BX) is
planning to launch Blackstone Altius Advisors, a business focusing on event-driven investments in the Asia Pacific region and led by Aaron Nieman. The business will be based in Hong Kong and additional team members will operate from New York and Tokyo.
Aaron Nieman, Atius' Senior Managing Director and Chief Investment Officer, joins Blackstone after significant experience at S.A.C. Capital Management's Asia Pacific merger arbitrage division and at Lehman's Brothers Tokyo and Asia Pacific Global Trading Strategies Division. Also joining the team as Chief Operating Officer is Christopher Pesce. He has experience as Bank of America's Global Head of Prime Brokerage and with Goldman Sachs in New York and Hong Kong.
Blackstone Altius Advisors joins Blackstone Capital Partners and Blackstone Real Estate Partners, as well as a hedge fund and two closed-end mutual funds in Blackstone's Asia operations.
Shares of Blackstone were up a marginal $0.04 at $19.01 in early market trading, and now shares are down marginally by $0.05 at $18.92.
Jon Ogg produces the Special Situations newsletter for 247Wallst.com.
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