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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…