Blackstone Hires Executive Director For P.E. Group

Apr 24 2007 | 8:57am ET

The Blackstone Group has hired Susan Balloch as an executive director in the firm’s private equity group. Her new role encompasses overall management and administrative aspects of the group’s activities.

Balloch was formerly with Welsh, Carson, Anderson & Stowe in their investor relations Group. Prior to that, she served as a managing director and chief administrative officer for Credit Suisse’s global investment banking and private equity practices.

The Blackstone Group’s alternative asset management businesses include private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt funds, proprietary hedge funds and closed-end mutual funds.

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