Blackstone FoF Chief Sells $19 Million In Shares

Mar 11 2013 | 10:00am ET

Another Blackstone Group executive is cashing in on the private equity firm's recent rally.

Tom Hill, who leads the New York-based firm's fund of hedge funds business, sold 1 million shares on Feb. 22 and March 5 for a combined $19.05 million. Blackstone's shares are up 25% this year.

Hill's share sale follows that of Blackstone President Hamilton James, who earlier in February sold off 3.5 million shares for $64.2 million.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...