Blackstone Opens Singapore Office

Oct 22 2013 | 10:38am ET

The Blackstone Group has opened an office in Singapore, its first in Southeast Asia.

The new base is Blackstone's ninth in Asia-Pacific overall, but will be only its second with treasury functions, after its New York headquarters. Singapore will house private-equity, real-estate and tactical opportunities employees.

"When I was here nine months ago, we had only a few people in this office, and now it's 35," CEO Stephen Schwarzman said at the opening at the Marina Bay Financial Centre yesterday. "At that growth rate, we are going to be doing well here in Singapore."

Blackstone has more than 200 employees in Asia, with about 70 at its largest office in the region, Hong Kong. The firm also has a presence in Beijing, Dubai, Mumbai, Seoul, Shanghai, Sydney and Tokyo.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...