Ex-Merrill COO Departs For Blackstone

Jun 9 2008 | 4:22pm ET

The Blackstone Group has hired Laurence Tosi as the firm’s chief financial officer. Tosi will serve on Blackstone’s executive committee and is expected to take up his position after the summer.

Current CFO Michael Puglisi will remain as a senior managing director and a member of senior management.

Tosi was previously the chief operating officer for the global markets and investment banking group of Merrill Lynch & Co.

Stephen Schwarzman, Blackstone’s co-founder, said: “Blackstone’s businesses continue to expand in new markets and with new products. Laurence’s deep knowledge of financial services and finance will be a tremendous resource for us.”

 


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note